Now that you've advertised how much money you have people will come out of the woodwork to ahem "help you", it would be better to be tight lipped on the amount of capital you have to invest.

I learned early on that loose lips sink ships and you have nothing to gain from relaying information unless you or your client have the property under control or closed.Its a terrible lesson to learn the hard way, but I'm sure that you won't make the same mistake.

@Sarnen SteinbarthWe've experimented with Nest a while ago, but they were tight lipped about their APIs and a bit of a pain to integrate into our system ... this may change with their new ownership, we shall have to wait and see.  

BTW, in my area, Realtors like to drink beer, lose lips sink ships, that's a human intelligence center!

Also agree with maintaining liquidity ... at 1st blush, when things are going well, it looks foolish to keep a bunch of cash on hand, but when you have a hiccup or the market turns then cash is king.

You're also right that creating a partnership and then using it as a primary residence doesn't make sense on first blush.

There are lots of rules and they aren't as good for real estate as one might think on first blush.

. ($220 monthly cash flow, $134 @ 5%).I have no idea if I'd be able to get 40 year amortized or 4%, but I figured if it doesn't make me blush it isn't low enough right?!

Misery loves company, and a boss that feels that one of his workers under him is more successful is a bad thing.Lay low, if he asks you a direct question answer it truthfully, but I wouldn't volunteer information, no loose lips...

At first blush, this looks pretty good, @Jason Richards.