Its just like the panhandlers with their "Will Work For Money" signs, if you offer them a job, they won't take I honestly think you may be better off forgetting about someone with real estate experience, and find the best mid 20's-early 30's go getter proven sales person, who's proven they can grind but are in the wrong business to get over the 6 figure hump. 

Let us be mindful that J.W.

Although there is typically more due diligence needed at the front-end with notes, once you get over that hump,  the ongoing management is much simpler: no tenants, no contractors, no evictions, no vandalism and much less liability since you are not the property owner.

I've owned a duplex since 2006, and partnered on a single family buy/hold rehab last year.  I've become determined more than ever to make REI my full time endeavor, have been saddled by analysis paralysis and money fe...

@Matt HarrisYes, I keep a copy on my main PC and also periodically back that up to a USB drive.

Two questions: 1) can I borrow money from him, like an unofficial hard money lender, without us being in an LLC together?

What are some of your thoughts on ways to structure the deal (we hopefully make one day) that is mutually beneficial for us.  Being

We're planning on selling our CA triplex in the not too distant future, so I was pondering doing a reverse 1031 on this as I don't see us being able to sell our triplex before buying the 12 unit.Current triplex info: worth around $725,000 or so, mortgage principal is about $340,000. 

Any suggestions or guidance would be hugely helpful in getting me over the hump of landing my first deal.  

I know you will be above average.These thoughts come to mind when I hear the words average...... borderline poverty, 401K, working to earn and not to learn, wanting be paid for everything, working only 8 hours a day, out of office reply on your email, thank good it's friday,  glad we hit hump day,  lets get to the lake and relax, stay on the sidewalk....Frank