. , how passive or active of an investment do you desire?

Best to do a Buy and hold rental outside of an ira...but that's me.

Be very careful with auctions, search BP for pros/cons of it. good luck! 

I currently own a few rentals in different states, but since getting my real estate license i have started looking at family and friends for prospecting new deals as a new agent.I have a family member who has been renting houses for as long as i can remember between her and her boyfriend, but they both have some bad credit due to falling behind a few years back after both losing their jobs and juggling life for a while tell they found new jobs.I am a bit unsure about this idea still due to the fact that i have been running numbers on multi-family homes to purchase in the near future and turn into rentals, but i want to help them if it's a viable idea...I wanted to get your opinion on maybe purchasing a house based on their needs and running a lease option on the house for them to purchase down the road when they have the credit again....Right now they are renting a 3/1/1 for $1200/month and there is a lot of 3bed houses around them that are in the 100k and below that would meet the needs of them, im just worried about buying the house for them tieing up my own money and not have enough financing available to continue purchasing investment properties as my rental income from all my current rentals is my only income coming in right now as i start the career of an agent.

I'm trying to connect the dots (not arguing or questioning) 🙂Thanks in advance  I am just saying the average voter cares much more about things like the cost of gas and thus the gas tax than they do about tax depreciation or 1031 exchanges, which they will likely never utilize.  

AirBnB's ability to link listings made things a lot easier for me as I also split listings in the way you described but before that I was using Ownerrez to take care of it, which I still use and think is a really good channel manager.

yes yes i know void clause. but they have been doing a good job. i still end up going to give it a good clean every so often lawn care was contracted out. the way i see it you ccan pay a student living there and hope he keeps up to it. or find some kid on the block and hopefully spark a little bit of entrepreneur skills.

Read through them carefully or have any attorney explain them to you if you don't fully understand them..

We have a lot of investors we work with here, and our military presence helps to take care of our rental market quite nicely.

You know the work that went into the first deal and you know what kind of debt you have to take care of.