It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.

We would want to use it for personal use probably one per year. 

On more than one occasion I’ve talked with a person or two that was offering real estate coaching and I found out very quickly that either it was not what they were advertising or they was not far enough along to be coaching anyone except maybe a complete newbie or maybe it wasn’t the strategy for me.Anyway, that’s my ramble for this morning.

Ideally you would put only one persons name on the mortgage unless you absolutely had to have both to qualify.  

I have sold some properties years ago on lease options where the tenant buyers actually exercise their right and purchased the property. ( I was in the deed.)The reason I am concerned to tie another person’s property up  with the lease option is that people can change their mind, as in the seller.  

But it sounds like you should also balance your decision on what fits you and your families preference and style since you will be using it personally. 2.

Personally, I've felt the investment has been poorly run in almost every possible way.

I've personally driven this neighborhood and was amazed at how nice and clean it is.

Shadow/mentor a person doing it.

I am really interested in meeting any in-person groups in Boston (now-May) and Chicago (September-Onwards).