So one tenant pays their 50% in RentRedi and the other pays 50% in RentRedi and as long as it equals 100% at the end of the month, everything is good.

I don't want to discourage you from pursuing a graduate degree and a promotion but if you have a passion for entrepreneurship I would encourage you to lean into that instead.

Avoid common pitfalls like skipping due diligence, underestimating repairs, and overleveraging having reserves and a strong team is key.Good luck!

I also practice as a Realtor because I enjoy it and it is extra income.So as an investor, your options are to get your RE license and have access to a lot of tools and do the research yourself (therefore you're paying with time, energy and a little money) or you work with a great realtor/investor in the specific market you're looking into.

That means an 800K purchase and a 200K rehab (1 million invested) can result in a 400K tax credit that results in 360K CASH back in the pocket of the investor.  

And a SUSTAINABLE approach to rental property ownership. 

Buying rental properties is investing in a business and a place to make your money and time work for you.

Quote from @Isadore Nelson: Give the expectation, a deadline, and a penalty.

For me a good SFH is going to be $300K now (which doesn’t make sense) and a 4-6 unit is between $375K-450K.

He liked the idea so we created an LLC and a partnership agreement and he deposited 100k into the business account.