Hey Steven - An LLC is a solid choice for structuring your partnership since it offers liability protection and keeps things clean when splitting ownership and profits.

Wasting Time - @Fareen E.

Since you’re already networking and have some good realtor contacts, focus on narrowing down your investment strategy (like buy-and-hold or house hacking) and target markets with solid cash flow potential.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

A fair rate for solid management typically falls between 20-25%.Superhost or High Review Ratings Matter – Ask if the properties they manage consistently earn Superhost status or maintain high guest ratings.Communication & Accountability – A good property manager should be responsive and proactive.

With patience and a solid plan, you’ll be on your way to building a successful portfolio.Good luck!

I guess I was lucky this was the first place I found and didn't waste money on other systems.

In any case, I thing your investment are pretty solid and should earn you something between a decent return all the way to a spectacular return depending on the local economic situation.  

Hi Simon,Scaling from single-family to multifamily is a solid move, and a 10-15 unit building is a great next step.

Simply agree to pay too much and get it under contract and then call around and waste everybody’s time trying to unload it to end Buyer.