I don't enjoy nurturing and closing sellers on a regular basis.

It's important to look at their rental history, references, and overall reliability as tenants.

I realize there are many other things the investor needs to know regarding SEC rules, investment plans etc. but i am specifically referring to how they get their money back. taking the same example above, if the pref was 8%, and the loaned amount was 100k and the purchase price was also 100k. how would the general partner get paid?

Hello I dont know how to do all the rennovations I see my brothier doing at his rental project, I just feel like at a base leval I dont know anything no matter the history and work, how am I going to buy my first deal when I dont know ****  pleas help me dial it out of this hell  refering to the rehab skills mainlyhow to deduct all deffered maintances and otherwise I make 1k a mouth but what happens when a major rennovation takes place

This is commonly referred to as rental arbitrage.

I would also advise that you keep an emergency stash of cash in your regular bank.

Well Tom what article or clause of the constitution references "assigning any contract."

They had a low credit score but beyond that, they were a solid applicant based on their application and references.

The process you are referring to is what we call a consolidation exchange, where you would sell multiple properties to buy a  larger property.

Would you still use your friend as your GC and just pay him his regular rate (and would they be happy about the new arrangement)?