Seems to be we are on the same page, the unit is 1395sqft and the gas furnace quote was about 10k for us as well. 

I don't see it on the Oregon Real Estate site: https://www.oregon.gov/rea/licensing/Pages/licensing.aspx 

May negative cashflow until fixed.3) Buy established business: assuming you mean something other than real estate related.

I am new to real estate investing and still learning, so any advice, related or unrelated to this would be extremely appreciated!

Hello all, I've actually communicated with both Josh and Larry since the new year as Josh was out of the country for a family-related event and Larry was unfortunately in the hospital.

@Richard Rafferty, given the relatively small nature you are looking to take on with your first syndication, personally, I would find it hard justify the typically 20-30k+ for a paid mentor. 

Hello, I’m a relatively new investor, I recently bought a duplex last February 2024, I live in one unit and rent the other.

Regarding next steps, I agree that the best way to approach this would be to have one person act as boots on the ground and the other person handle the back office related items.

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.

My income doesn’t show itself as being very high, but I have a relatively large amount of cash to put down.