:)A counter point to the statement that all investments are technically out of our direct control - Yes, you are correct, I cannot control Apple, Intel or Amazon, however, if I have a brokerage account containing those stocks, I can certainly reallocate my risk within minutes buy selling/buying, where in a partnership type investment, my money is tied up for a set amount of time.Once again, thank you for posting - I have a lot more to digest and think about, which I am grateful for. 

Here's the reader's digest version:They do not have a written agreement (and at this point cannot agree on one)She wants to sell, he does not (he is not on the mortgage but is on the title)Tenants that were month to month are moving at the end of the month, no rental listing existsTo get the property, he put up a down payment (over $50k), and she secured the mortgageWhat he wants in a buyout or sale is unreasonable (after lawyer review), and even though they still cannot agree on a partnership agreement, he wants to list the rental and get tenants in ASAP.

There's a lot to digest here.

Digest the massive bites you just took for a while.

Sometimes it’s hard to digest especially when it’s over a hundred pages

@Kelsey Mortimore I’m doing a mixture of both, trying to keep some cash in reserve but also staying active and still doing some deals here and there to keep some money at work and especially keep a pulse on what’s happening in the market.For your first investment though, I believe the best time to start is “now”, at any point in the market cycle, simply because you have to live somewhere and there is a lot of virtue in just getting started and getting over the “first deal” hump, overcoming “analysis paralysis” etc.I’d recommend taking some time to “digest” your first deal though and acclimate to all the joys and responsibilities of house ownership, before rushing on to the next one.

For Austin, here are some metrics to digest:2019 New Construction Homes (a one-year record): 18,095 (Statesman article)2019 Multi-Family New Construction Units (doors): 11,000 (from multi-family broker colleague)2018-19 Population Growth (metro area): 61,586 (Austin Business Journal)Property developers, both SFH and multi-family, are only building approximately 30,000 doors per year, which is less than half our annual population growth over a 12-month period.

Definitely a lot to digest and think about. 

This is very new and we all are trying to digest it.  

I'm sure I'll get better and quicker at digesting contracts with practice.Thanks again.