I love that they are still looking for solutions instead of subscribing to the "that's just money lost" mentality I have heard from other PM companies.  

Hello BP,  I have been in this mental loop and hoping for some advice, I am 19 years young and am currently in a partnership on 2 commercial properties located in Buffalo NY.

It is a cautionary tale of taking on too much and breaking so many rules of good business and mental health.

I get the bathroom it should have an exhaust fan.

Hi Michael,I like your thoughts of building a large portfolio because it's very important in sub $100,000 markets like Ohio.A large portfolio = A safe portfolio.Personally, I've always been a big believer in buying with cash.Less is more.Once you gain experience and understanding the true income vs expenses of your portfolio.Then look at using leverage for faster growth.It takes many years to learn a market along with establishing a solid understanding of it's "in's and out's" from a people/team perspective.As investors we should always reverse engineer and protect the bottom line first and foremost before looking toward expansion and growth.My "cash only" mentality has served me well over the years in my businesses and real estate endeavors.Especially when things turned South and they always eventually do.Start slow, start small, buy with cash and build from there.Just my opinion and wishing you much successps.

Get rid of the short term mentality that is the cornerstone of wholesale approaches too. 

Seeing a trend of posts calling out the instant gratification mentality of newbies!

The following is a list of topics I've encountered in partnership agreements, although it's not exhaustive.

Definitely a non-exhaustive list and I'm not privy to your exact situation but hopefully this helps.1.

That is, sometimes an agent and seller with lower the fee to the agent when the property is tough to sell.This is a strong list but it is not exhaustive.