Again, if you learn some of the basics, you won't be so nervous about the problems you will eventually face.Start with BiggerPockets Ultimate Beginners Guide (free).

Also you typically get rid of rent by buying a home, and rent is basically 100% interest, but that doesn't apply if you'd be living with your parents and not paying rent.  

But, basically it's experience that wins the day.

Brian B does a little investigation to find out that this GP had basically zero experience in the space yet took down a 50 mil dollar apartment in Houston ( not sure how they talked lenders into that one) but there is 10 mil in investor money that got wiped out as Brian showed this investor that the property went to foreclosure and reverted to the bank ( no one bid it).

And when things don't go your way and each side has basically all their life savings on the line, the partners blame each other. 

You'd basically be doing it entirely new.   

It was held by the previous owner for a very long time, so I wouldn't be surprised if some basic facts about the house are incorrect.

That's basically what I used propstream for the most and if I can pay 100 a month for resimpli and get those features and also the crm and accounting features I'd be happy. 

@Albert Gallucci as many have pointed out, in the commercial space of 100+ apartment buildings and offices, property classes have some pretty decent industry standards.We started applying these to 1-4 unit properties around 10 years ago, which you can verify on our blogs, because we saw too many newbie investors not properly taking into account things like, neighborhood status, tenant pool, property condition, etc.Unfortunately, there's no industry standard for this, but you can use some basic logic to think your way through your own Classifications.

I tried the Reia and it's basically a giant sales pitch