What exactly does “knowing your market” entail?

If you're planning on doing this long term it might be worth it for you to look into what a license would entail though.

My personal take would be to have a conversation about the cleanest way to end the relationship, which hopefully does not entail eviction.

In my mind, that puts me out of real estate altogether, and I want to make real estate a serious component of my portfolio.Is there a creative option #3 that doesn't entail foreclosure (I'd have to pay those taxes) and my income is sufficient enough that I don't think they'll forgive it very easily.Thank you!

I´m curious what your ´initial research´ entails?

And there's a much higher chance of getting the amount you want as well.3) Many people are hesitant to loan to family members: lending to family members entails personal risk that isn't there in a loan to a stranger.

To reiterate, 1) education is the key. reading books (I have a whole library. need a link, PM me) and listening to podcast is as important as actually doing it as well as networking with other investors in your/your friend area of interest. real estate investing entails tons of niches, so finding the one (or several) that suit your and your friend's interests and goals is your primary objective and then concentrating on learning in detail about it.2) diversification is a must. just like the old saying goes, don't put all eggs in one basket, especially since it's new to her. this entails, potentially splitting the funds between RE and the stock market (like mutual funds, etf's. consider using some robo advisers).Good luck!

My question isn't about whether to follow rules but whether investing in park based MHs entails giving out personal information everytime an investment is made.

Sean Terry - "The ultimate real estate investing blueprint: how to quit your job in 19 weeks or less"This book is a great resource to understand what wholesaling entails. 2.

It sounds to me like you are doing a lot of research to figure out your plays, not at all passive income, but I really would like you to elaborate on what you do so all of us can think it through with a better idea of what it entails!