It took me 20 years to finally take the plunge and buy a rental property...after years and years of being amazed at little old ladies I met who were living on rental income from properties they had bought with their husbands decades before.  

Congrats on joining BP and taking the plunge into RE.  

We all find ways to to put off taking that plunge into the icy stream of fast running water. 

This has not been forgotten and causes reluctance for many to take the plunge into home ownership.I'm part of this generation, but I fall into a small percentage of the generation that wants to invest in real estate.

That way when tenants call to complain about a plugged up loo you can ask  if they've plunged it first, which not only saves YOU from having to do it but most often fixes the problem also.Next, instead of asking them not to use Draino, you might simply provide them the septic-friendly fluids you do want them to use. 

I've always been interested in real estate, and after doing a lot of research and reading a lot of books over the last few months, I've decided to finally take the plunge!

Millennials getting more positive about homebuyingRealtor.com: More looking to buy, sales upTrey GarrisonJune 25, 2015 Millennials have become more positive when it comes to taking the plunge into home ownership and are primed to gain market share in the second half of the year, according to the results of realtor.com’s consumer behavior survey of more than 12,000 respondents conducted from Jan. 1, 2015 to June 15, 2015.

@Carlos CartayaWelcome to the site.Good luck on finally taking the plunge.

Larger properties create economies of scale that can result in higher yields and more stable cash flow.Returns: It's not uncommon for investors to make a better return being passive than they would have if they took the plunge themselves.Direct access: Unlike traditional investments, passive real estate investment offers direct communication with the people responsible for the performance of your investment and the properties themselves.Tax benefits: Investors can receive significant tax advantages that come with ownership of real estate, such as depreciation.

I'm looking to structure a partnership, were wondering what the best way to take this to an attorney to write up a contract that looks out for the best of each individual investor.This is my first rodeo, looking forward to the plunge!