Totally random but I know you can normally get a nice discount on your hazard insurance if you're within a certain distance of a Fire Station @Ray Ebert

A lot of investors and wholesalers do not have a license for that very reason in this state.

You are correct that if you have silent partners (LPs), you would need to set up a syndication.  

The key is for you to separate the utility costs from the rent, then advertise your units with the rent rate only and explain the utilities later.HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.

When you draw from the equity, you are "borrowing" it from the bank and have to pay interest.If you borrow against the equity at 7% interest and then loan it out at 15% interest, you are earning a positive 8%. 

I invest there and have a full team on-the-ground.

I am majoring in Architecture so I will be NCARB certified and have a license in the future.

It gives you insight into what managing rentals actually entails, and you’ll have a better understanding of what you need from a property manager later on.

(August 2022)
Single-family residence buy & hold investment.Current Value Estimate: $410,000

Purchase price: $345,000

Cash invested: $5,000

Hey Jeff without knowing any details everything is what you are able negotiate. but you have to take in account the years interest rate and purchase price and what kind of cash flow.I will say get a mentor if you’re inexperienced these kind of deals can go left if you really have little knowledge when it comes to structure .