In other cases, you can take a more firsthand approach.Budgeting—Putting It All TogetherThe more you understand the costs associated with investing in residential real estate, the easier it is to maximize profits.

The National Association of Homebuilders confidence index rose 2 points to 43.

For your city google real estate investor association <your city>. 

He resorted to personal attacks on the integrity of other posters as well as a seemingly paranoia concerning posters being somehow associated with the subject company.  

These are individuals who are already conditioned to take on greater risk with the hope of a higher reward outcomes and will be attracted to the potential of syndicating real estate deals.Despite the greater risks associated with their current professions, I am sure most if not all are involved in businesses with  greater than a 2-3% success rate.

Also, explain how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.

They probably think some owners will hide the renter from the association which I could see happening.  

I was told by an associate of mine that they were charged an additional $15,000 at closing due to a "title fee" on top of the ones you listed.

Even if one partner takes a more active role, both should understand the motivations and risks associated with investing.It's common for couples to struggle if they're not aligned on investment goals.

I guarantee that historically the risk associated with sitting the sidelines has impacted at a higher rate than the risk associated with an RE crash.