MS in International Business/Undergrad in Mandarin Chinese Translator/InstructorI mostly work in war zones, but prefer B neighborhoods for real estate.

The game is easy to win: buy enough small deals, sell and create enough cash to pay the down payment for a large deal and you are out of the rat race.In real life, I have never purchased a negative cash flow property and have only borrowed money for one deal.The biggest issue that I have found in terms of translating the game to real life is finding the big deals.

My legal-to-English translation of the purchase contract is "we won't guarantee anything, we don't know anything, we won't pay for anything, good luck."

Numbers can look great on paper, but that won't always translate to real life success.

Figured some of the concepts could translate from stock to real estate investing.

Interests don't translate to showings...

This would be a scenario wherein even though your tax returns show you in the green, a lender calculating your DTI will see this hypothetical property as burning a hole in your pocket to the tune of $500/month ($1500 minus $2000), which in turn translates into ballpark $100k less mortgage you're able to get (including if/when any of you wish to purchase a separate primary residence).When you're up in the 100+ unit apartment space, partnerships and LLCs and syndication and all that is normal.

It blows my mind that companies can be this far apart but it translates to all aspects of the business and you have to very careful.

My thought process so far:-Total cost of the home: $400k translates to $2500/mo with $80,000 down-price of the home seems in line with comparables in the area-similar homes on AirBnB and AirD.na go for $400-600/night-assuming a rate of $420/night it would take 72 nights to cover the mortgage-a quick availability check on AirBnB makes that seem easily doable.

For example, what percent of money from either side of the partnership is put in, and how does that translate to split of prophets if the work load between the two are different?