Originally posted by @Dan N.  

For fast-n-cheap, do a quitclaim deed at the diner.

One guy I know here owns a six-plex, his family has had it for years...said the only reason it works for him is because he owns it free-n-clearThoughts?

I would have called it Hollywood Village or North Studio City:)https://www.redfin.com/CA/Van-Nuys/6033-Longridge-...

                     - n/aMaintenance

Depending n state law, this may be subject to redemption but basically you own the property. 

Hi @Brie Schmidt @Ronald Perich and @Roy N. , Thanks for chiming in so quickly.I should clarify that I read the BP Beginner's Ultimate Guide but had not found the one for rental properties; it's next on my reading list.

For example you can tell them you have a Real Estate holding company that will buy n number of properties under separate LLC's.

We educate / We mentor / our trainees find the deals - we analyze the deal together. if we decide to fix n flip - we share the net profits - this is a way to get great training!!  

Hi all,I have a business partner with whom I've done several fix-n-flips with, who recently purchased a house with the intent of rehabbing and selling it.