In this case, you would draft an operating agreement that specifies each partner's role—your friend providing the cash and you handling the rehab and management—and that profits and ownership are split evenly.

Once you master it, its an awesome tool.Like the other members say, you can easily find it online, however, i strongly recommend you watch the videos (that come with the calculator when you buy it for a lil over $100) so you can learn how to use it properly.

What I have researched several months through online forum in Japan is telling me the same thing.

What is the best way to go about finding these property listings online before they go to the auctions?

@Jenny Yu do they have an online portal you can log in to?

With the above said we have a 75 acre country subdivision coming online this spring.  100% cash.  

The rules are more complex than we can fully explain in an online forum.

You don't need to buy a car dealership, it can be a side hustle or an online business.If you try to get more rent than fair market, you will rent to desperate tenants, who got rejected everywhere else.

I’d love to hear about the crime rates or any other issues (which we cannot guess from the online stats), and how easy or hard it is to find reliable tenants and property management companies.

You can also check their reviews online at Google, Facebook, or Yelp.