While I could list all the problems I have with this advice, I'll just leave it at, "I disagree with this advice."

I'm mainly concerned about buying at peak prices, leaving no room for appreciation.

I understand that these 21k should come from somewhere but not from my pocket then only this could be a "good deal".For tenants, here in India we generally do agreement with them for 11 months, after completion of 11 months they have to leave or renew the agreement for next 11 month.

I am glad you like how it grabs one's attention and can leave a lasting impression =) Great detail in the feedback!

The biggest downside is that they know the deposit is non-refundable, so the would-be buyers make very little attempt to clean up upon leaving.

Why give you money which doesn't generate return that I can leave sit generating a return while you hunt for an investment?

BP, podcasts, books, and youtube. so much information in just those categorizes and they are FREE. leaving more money for marketing :)

Hey @Brandon, when are you leaving?

That way you're not just leaving them out there.

A 75/25 split... if profits are 40,000 you get 30,000 your partner gets 10,000.Compare to 20% of 40,000 = 8,000, leaving a balance of 32,000 to split 50/50 or 16,000 for your partner and 16,000+8,000=24,000.. which would you rather have. 24 or 30?