The problem is, none of it is based on actual comps, and again, the word "cute" doesn't have anything to do with setting those numners.What you need to do is a full analysis of the comps for both rent and sold in your area. 

At least weekly I think about the the fact that someone else is going to work to give me 1/3rd of their money.

Hey @Erika Andersen I totally hear you in wanting to save some money and taking on the task yourself.

And, more importantly, unlike many other statutes they are actually rather easy to read, comprehend, and sort through.

That's actually an excellent idea .... do you know where I can get more info on how to rent out the land for passive income? 

For example, if you're planning a kitchen remodel, get multiple quotes to ensure you have a solid grasp of what it will actually cost.3.

I actually had a fire MYSELF, yes personally. 

In a really good market, an investor can achieve 1% of the money invested.

Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this  for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties. 

I actually used to live in the area and self-managed all my properties while I was there.