You also take the risk of plumbing to go bad after doing foundation, so if you do the foundation i highly reccomend you have a plumber ready to go at the same exact time so you dont have to do digging twice.

Always try to go at least two landlords back. 

Because you have goats that like to climb on the trunk?

Partnerships always start of great BUT will always have hard times and UNLESS you have everything written down on the steps if X to Y happen then you won't know how the other party will react.Money always changes people also, so IF you can go at it on your own do that instead. 

It may make sense for the cash flow but make sure you are lookin go at the full picture.  

It sounds like this is what he was told and he's just reiterating it.He just doesn't realize that the information he's been given (and paid for) is wrong...Where does the rational mind go at these events?  

It seems like being an agent doesn't help as much as I thought it may learning the ropes to gain an advantage as an investor.Sounds like it may be best to do as Bill says and go at the agent job part time while earning my normal income.

I would go at least two years in your first investment property before refinancing so you can use the two year experience requirement as a landlord and will have seasoned the financing as well. 

The money is just paid back as I go at my own pace.

We talked about what each property would be worth as a cash sale, but it was hard for the seller to see them go at such a low price point.