As others have said, make really sure if you're going to do a long-term lease to fully vet this tenant.

Based on your lack of knowledge and experience at the present time your dream is just that, a dream.Start by learning how to make real estate investing a profitable business and make money for you and your family, Do this in markets that afford you the opportunity of a greater potential for succeeding.

My preference is to work with decision makers directly, face-face over the kitchen table.

When you do wholesale flips, if you make two offers, one for cash and one for a little more with seller financing, then you can wrap that underlying loan to your buyer.You’ll have more buyers and make a lot more money.This is creative financing on the buy and sell side. if you need more cash flow but the seller does not need cash flow or it could even hurt their tax situation, then you could make really low interest only payments with a final principal payment due in 10 to 15 years.

So, the company will pay tax on dividends AND the employee will pay tax on those, too, though at the lower dividend rates.If our widget maker used some of the income to buy new tools, that would be deductible.

You can also meet him at the monthly Triangle Deal Maker Sessions in Morrisville.

Tenant agrees to maintain the indoor temperature at no less than 50 degrees fahrenheit.

That will limit your role to decision maker, rolling administrative duties and direction up to you which would likely be the most streamlined structure based on your experience.

There are also hybrid versions and lip stick is all that is needed to make rent ready and or some will have tenants and in house management in place. 

But to each his own and working for a customer cabinet maker I can see why you wouldn't.My better half is German and in Germany when you move into an apartment you put up your kitchen yourself and folks don't move nearly as often as they do here and the majority rent.