Yes, as I'm doing more research, I'm finding that I would prefer to invest in markets that I know personally, so as not to rely on external variables completely.

I'm completely lost at why people would spend money on class and workshop, when they can actually use that money and go find deals a bit outside of the expensive city we're in. $8,000 could got you started on a deal, or do a mailing list of some kind.

I look forward to seeing it when it's complete.

And DIY repairs are not recommended for other reasons: it will take you much longer to complete, depriving you of rental income, and you run a high risk of your wife becoming your ex-wife.Same risk exists if you push your wife into becoming a Realtor or some other real estate activity just for the sake of tax benefits.

This process is relatively simple and can be completed through a title company or real estate attorney.

Good question.Before they start, they need to complete this one-page Form W-9.

This partitioning of the property and doing a simultaneous closing completely changed the trajectory of the deal.

@Alba Cheung if this attorney doesn't complete the eviction look at the dockets and see what attorneys commonly handle evictions in you area.

I've only had one listing transaction from my BP leads.Most are complete noobs or have limited REI experience with a rental or two.

However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.