Hello, Am an older investor seeking help.

I love hearing new investor execution posts like this.

There's no step by step guide but there are key things : Learn: RE strategies, what interests you, what do people in your area need.Connect: find a mentor, accountability group and be around those doing what you want to do.Help: solve problems- do people need dealflow, property mgmt, construction expertise, etc. 

@Gary Abrams A cloud based solution would work really well in your scenario of having other family logging in and helping with management. 

Lender will always look at it from two perspectives:1.

Research Point - §1.163-8T 

Since I learned a lot from this community, I wanted to share my success with you. 

Instead of learning through trial and error, you learn from someone else’s mistakes.

Quote from @Scott Johnson: @Moderators, I'd appreciate it if you would delete this post.

Quote from @Brandon Larson: It's important to have established policies and procedures, but I wouldn't put a lot of effort into that with only a duplex under management.