Certainly nothing ground-breaking in terms of ideas here, however I'll be very hands on (and on site) during the process to make sure that every step of the way is executed to a high standard and very carefully.Once I've hopefully developed a successful track record and gained experience, my next goal would be to move on to commercial assets (think multi-family, industrial etc) so that I can leverage my existing investor network and real estate knowledge to raise 3rd party equity and take on bigger projects.

I also looked through the monthly letters that he's sending with the updates and they are basically the same (March & Feb are identical).

How do you approach educating people on the realities of the business? 

Right...1st I would say the tax sale wiped out any liens. 

I would also attend the upcoming multifamily events in the fall, whereto can meet other investorsGino

Unfortunately, over the 11 months he has lived there, he has only managed to pay the rent on time once.

Live in one half, rent out the other.

.: Midsouth Home Buyers BBB - https://www.bbb.org/us/tn/memphis/profile/real-estate-servic...MidSouth Home Buyers is NOT the same as Mid South Turnkey Homes which is run by Kenny Shaw The difference is ABUNDANTLY clear through the thread.You mentioned MidSouth Home Buyers in your original post ....

Purchase price: $160,000 Cash invested: $45,000 My parents my wife and I own the property next to this one.

I am mostly active in the North East.