.- Project Update: North Nashville Duplex- Why Should the Fed Cut Rates at All?

If you go with the partnership route1) You need to manage the money going in and out of the business bank account.2) File a partnership return and be responsible for issuing K-1's3) make distributions to you and your partner for cash flow that you receiveYou will likely spend many hours on a nice gesture.I may want to consider instead to give a christmas gift or a bonus for early completion of projects.

It depends what your goal is.

To be clear my goal isn't to have a bunch of cash flow Y1 but just looking to break even.2) How could I go about finding markets where MHP are more beginning investor friendly?

Check out this podcast from BP, with Dave Meyer and Chris Clothier from Nov.we work with clients all the time in your situation and can help strategize your portfolio to reach your 10-15 year goals!

These qualities are far more valuable than the numbers in your bank account.7.Set clear goals.

Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

Did you set out to retire with real estate, did you have a goal or an amount you wanted to make?

This can be the difference between setting goals and achieving them.

If anyone needs a GC once the designs are done I can build/renovate the project.