The last thing you want to do is have a long work day and then have to spend some hours on your rental properties.Hopefully you make good money given your credentials, position and the firm you work for.I would try to make your real estate as passive as possible.Try to find a third-party firm that can do as much as possible for you.Maybe you can find the property and they can do everything else from managing the rehab, finding a tenant and managing the tenant.Best of luck.

And they are adaptive and able to solve unforeseen problems: if a part is to big and does not fit, they will grab a tool and adjust it.Which means factory jobs are being next.

This part is the addition to our existing home.Upstairs is about 1,000 sq ft 2/1 with a balcony.

It was determined that the holding period for the acquired real estate started after the end of the redemption period, given that is when the acquiring party started to enjoy the benefits of the real estate ownership.  

Hi Doug, How much of a loan are you looking for in a third position? 

The ones who bought in good areas and used my contacts for handyman/repairs do great with cashflow+appreciation but some bought in rougher areas who try using 3rd party managers and the expenses eat into profits even just turnover costs are way under-estimated by most investors add in lower quality tenants and that 10%+ cashflow deal turns into 0%.

But, unfortunately there was nothing I could do to help her because I had no connection with the original agents or parties in the transaction and the other party had already taken legal action. 

Alternatively you could do a smaller a cash out amount and a private agreement for installment payments to each party secured as a second lien post closing. 

It’s rarely done and when it is the broker will assign a different agent for each party.  

Third, we generally like the idea of diversifying our current portfolio with real estate and an additional income stream.