I know I could prob lock up deals myself but as a new parent who works as a full time teacher and I also play live music on the side to help my wife stay home w baby - it's kinda the best I could do for an area thats about 60 miles away etc. it would be tough for me to drive out there myself etc. any advice?

Makes for terrible music when that happens :mrgreen:

However outside those instruments you can do the following: Run the comparitive numbers and see which works better for youAverage Turnkey Cash Flow Per Door In Phoenix Metro Area No Bank Neededhttps://www.biggerpockets.com/forums/600/topics/584916-average-cash-flow-per-door-in-phoenix-metro-area

Welcome to the Music City market!

We were in the car talking real estate returning home from a family trip and Ruby by The Kaiser Chiefs(yeah we love alt/indie music) was on the radio and my wife told me the story of her Aunt Ruby, a Hollywood type who was always glamorous in all things and also sold real estate for a living.

It is one of the oldest instruments around and institutional lenders will recognize it as a form of ownership and allow you to refinance out of it.To protect from all the very valid concerns that @Steve Vaughan expressed, definitely run it through an escrow service.The primary risk is that you could be evicted like a tenant instead of foreclosed on like a borrower.  

The unit was overimproved and I had a lot of applicants but chose young boys who most likely won't mind whole nights music and parties. 

Spending time on this site was instrumental in helping me to navigate that deal.

We use the internal revenue code to our advantage with financial instruments that help ease the burden of taxes.

The goal, of course, is to get back to the basics: what's the difference between real rate of return versus average rate of return, why saving taxes is super important, what's compounding interest, how can you tell the pros and cons of using different life insurance as a financial instrument for your RE deals, is your real estate activity a trade or business or is it an investment activity, and why it matters, etc... etc....As I'm putting together a webinar for the most requested topic for the next 3 weeks so I'd like to get your input, what would you like to learn more about from a tax CPA, retirement planning specialist?