its crazy for sure but here in the NW its very difficult to make any kind of RE work out numbers wise. 

Usually that's difficult if its possible at all.The homeowners claim does not depend on the water heater being in warranty. 

I hope to be able to strike that same balance with my children that they hear the principles I'm teaching them but feel the freedom to choose their own path with feeling judgment or criticism from me whatsoever.

Then, when I make a charge on the card, I follow that with a payment from the appropriate checking account to the credit card balance. 

If you find one that is experienced in investment property, they will be worth their weight in gold.It's difficult for someone to hold your hand through this process and answer your questions when we don't know you or the property.

Properties that only require minor or light repairs are difficult to force appreciation.  4.  

However this markets are very competitive and it can be difficult to find deals at times.

this will be difficult to do in most of CA or any other major metro outside of the Midwest.

sharing of revenue profits or lossessharing of capital gains or lossesis any payment to be made to either other than as share of profits, eg for ongoing serviceswill the participants be operating a ‘salary/dividend split’ – ie taking their month by month requirements by way of low salary, balance as dividends?

Finding a mentor can be slightly more difficult than finding a loan type!