If you educate them from the beginning and are proactive in your communication as problems arise, they'll feel confident in your management.

Make every moment count, and when the opportunity arises, don't hesitate to invest in accelerating your progress. 

You have to set up your asset protection early, before problems arise, and make sure it grows with you.

I will definitely keep you in mind when my next opportunity arises.

However, both you and your partner would be personally liable for any debts or problems that arise.

So, I keep renewing them with reasonable increases in rent and I make sure to take good care of tenants by always maintaining the properties and being responsive whenever a need arises. 

And the paperwork can always be done by the Realtor on the other side, they are always anxious to help out as long as you sign the agency paper.The problem can arise if you don't have a Realtor and the other party doesn't either....who does the MLS paperwork?

My issue here is the equity and unforeseen issues that may arise.

It's simple People are taking on much more risk than they realize and they have been lucky that they bought in a rising market. 

Not sure if that's any different, but the local company I am working with is incentivized to guide you in the right direction and represent you at the auctions (they do get paid 3%), but it seems like we've covered a lot of Lynette E's scenarios should they arise.