I am practically never at the house so my utilities are very low.Also, in my Schwab and TD Ameritrade account, I am investing in equities.

Stay Inquisitive: Keep learning and staying informed about market trends, regulations, and best practices in real estate. 2.

@James Hamling,Point well taken and if anything, my advice to Taz going forward is to use best practice and let people know who you are and why you're posting on that thread.

I found this to be a rare thing and that most were very workable, so I would say it's a good first effort practice to see how workable an entity will be, and from there go to the more complex strategies.     

This information will be essential for spotting profitable investment possibilities.Property Analysis: Consistently practice property analysis.

We certainly are sure to disclose our roles clearly but just wanted to get a sense of what is best practice as we have do not have experience with "co-GP" scenarios.

Why would I invest in deals with a 4-6% ROI that will cash flow a couple hundred a month (if I’m lucky) and go through the trouble/risk of property ownership when I can get similar returns from other completely passive investments with practically 0 risk?

They were not some guru wearing gold chains who does not practice what they preach.Keep it up!

I have land that I purchased last year and would like to build a 6000 sq ft building for my dental practice.

But the 'quality' part of your question is going to depend on your vetting practices.