BUT.. there is SO MUCH as for required documents, rules, laws, ethics, processes and procedures, that you may find yourself on a daily and HOURLY basis saying things like, "What the heck does THAT mean?"

I have also been lucky enough to have been working with a real estate firm here in DFW that focuses primarily on due diligence of Freddie Mac multifamily securitizations for B-Piece buyers, so I've been able to hone my multifamily due diligence and underwriting skills in this field for the past 2 years on top of our self-education.At this time, we're focused on acquiring a duplex/triplex in the DFW metroplex (focused in the Irving/Las Colinas, Coppell, Carrollton/Farmers Branch, Richardson and Trinity Groves/Medical District areas in Dallas, as well as some of the surrounding submarkets on a deal-by-deal basis), with the plan to house-hack.

I'm not entirely familiar with Sheriff Sales so I could be wrong but I believe the repository sale is a sale in which the property is tax delinquent, taken away by the county, put up for a commissioner's sale (I believe that is NOT a free and clear sale) and then once it is not sold there, it goes onto the repository list, which is to my understanding, free and clear and is on a first come, first serve basis in terms of offers.

Each tenant is currently paying $700 a month, on a month-to-month basis.

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

As you know investors do this everyday so you wouldn’t be doing the it without knowing what your boundaries are to safeguard yourself unless you’re a scam artist.

A lot of it is semantics but it does need to get categorized properly to accurately calculate your basis in the property.

To clarify, do you post every day on your feed?

The way you handle the allocation of sales proceeds depends on the amount of recapture.I am sure you are not going to allocate more than a basis as proceeds to the furnitures because they don’t appreciate.

Hire someone on a contract basis, versus a W2 employee.