The important thing is to get set on an investment program that's realistic given your capital, borrowing capacity, tolerance for risk, time allotment, knowledge, talent and experience.

He was a really talented carpenter but also a great businessman.

Your talents should be finding properties and negotiating deals.

People with great talents and what some might say great opportunities, yet they have failed to create financial independence.

If it were not for the talent, I do not think that many companies would be out here.

And I really didn't want to give this to someone who didn't have the stomach or talent for fixing it up.

@John Warren You owe it to yourself to get the best return you can on your time, talent and treasure.

Hi Kara,One of my property managers- an extremely talented and trustworthy guy- manages a few properties in Amsterdam.

Find someone local to the state it is in.The talent is with the local lenders (I am of course biased), but our licensing is such that we can typically only lend in one state unless we do a significant portion of the licensing stuff all over again, pay an extra set of annual fees, take an extra set of continuing education courses, etc etc, and then I think you are even supposed to have an office in that state (on paper at least).The property needs to be in the same state as the local lender, you do not.

There are ways to optimize others' capital and talents without a full blown partnership.