I see such potential in him and I want to pass some books or websites or whatever  to him to help him start to grasp the understanding of saving, preparing for the futures, etc. 

I see such potential in him and I want to pass some books or websites or whatever to him to help him start to grasp the understanding of saving, preparing for the futures, etc.

@Elizabeth Roncevic Without a solid grasp of investing principles (none of which involve anything above basic arithmetic) you are going on a hope and prayer.

If the tenants understand WHY you are doing what you are doing, it will be easier for them to engage and grasp WHAT the goal is and HOW to get there.If a tenant has a bank account, it can be beneficial for receiving, saving and managing money, as well as for paying rent and utilities.

I would highly recommend downloading this to grasp a general foundation of the different areas broken down by zip code:http://www.lulu.com/us/en/shop/dawn-anastasi/inves...I would then continue to talk to others who know each specific area of the city as I've only focused on my one little pocket. 

As such I created The Ultimate Guide to Grading Cleveland Neighborhoods so out of state investors can get a firm grasp on the Cleveland market.Knowing the pros and cons of each type of neighborhood is very important.

My theory is that they really don't have a solid grasp on the proper way to do it, i.e. handshake deals, improper tenant screening, etc.

I don't have a intuitive grasp on all of the costs associated where I can make educated guesses, nor do I have a "worksheet" setup for that.  

I've had large NYC investors express their interest in the area, but also would rather wait until they can better grasp metrics such as rental absorption rates, etc.

its gonna take me a few read throughs to grasp all of that but it sounds plausible. she doesnt want to take her friend to court so let me do it. ill ask a few questions regarding the equity we are talking about to see if it is worthwhile and then discuss this. maybe once her friend relizes what might happen she might just decide to deal. thank you