@Kevin Dupuis Be sure to split your entire basis in your property as a whole between land and building when coming up with the amount that you can depreciate.

I haven't let that slow me down or discourage me, just like the old saying where there is a will there is a way, and I whole heartedly believe that.

Since I have been studying here and listening to financial independent discussion, I often hear that their service can help you achieve the goal you set. 

Hello biggerpockets members, I am a newbie at this whole real estate investing thing and I keep getting that awful feeling like I am wasting my time on Zillow/realtor/Trulia etc.

I'm not a lawyer, but If you are not taking title by assigning your contracts, there doesn't seem to be a whole lot of exposure there.  

Once you've achieved that added value, you can take that to a bank and do a cash out refi which will return a substantial portion of your investor's capital.It's the value add leveraged by the power of the cap rate that really makes you your money.

I would like him to be as passive as possible, while I control the whole asset. 

What are somethings I need to do in order to achieve this goal and to begin working on it immediately!

However, I am trying to figure out what I can do now to start the process, and how I can achieve my goals within a reasonable time frame.Like you said, would it be the best choice just to lower the payments on my current home so that renting it out would be more lucrative?

Hilltop is now more expensive by far than a year ago but the whole area is just now breaking ground on what we'll see over the next 5 years. the east side of I5 only a mile or two as the crow flies is probably the next major neighborhood as there is a clean up project there a well.Lastly, I believe the City has yet ANOTHER major clean up project going in right next to the mall that will consume a couple city blocks, create a new greenbelt and park, etc.Ruston condos are selling for $1m+, and Proctor homes seem to start around $450k for the most part.