The partner will help with holdingf costs, closing costs, repairs and get half of the equity.

REPS requires you to spend over 750 hours annually and more than half of your working time on real estate activities.

Half of which are vacant and the other half occupied.

In the last month and half, I've been working supporting a local real estate investor, which only goes to fuel my passion for getting into this business. 

A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly, I am looking at my properties, and half of my properties cash flow anywhere from 800-1k, but the remaining dont cash flow at all..Honestly, I cant say that even those that do cash flow 800-1k per month do not really make a big impact because a tenant moves out, I have to clean/fix, etc.

Just kidding (sort of).A lawsuit will cost you $25,000 to $125,000 and a year and a half of your life.

Ill be about half way.

If you haven't got keys, evict for non-payment as its the easiest Eviction.

Easiest and least costly is to go there and spend a week or so to get everything in order.Another one is to hire someone trustworthy and pay them to put it in their garage or in a storage unit for a month

Half of me wants to gather as much information as I can before making an offer, but the other half of me wants to just make the offer so the seller knows I'm serious, then check all the leases and expenses during the due diligence phase.