That is your rule of thumb.Partnerships come in many different forms and can help you get your to your goals quicker than if you go at it alone.

So, it's impossible for me to know who is using how much oil and the heating cost ends up on my side of the ledger.

I don't see any incentive for a realtor to run multiple CMA's for us on a weekly basis, if we are not using them to buy the properties because we are working directly with the homeowners and our cash buyers.I'm sure I'm missing a step or perhaps I misunderstood some aspect of running the numbers.I was under the impression (from our training) that Realtors would have no problem running comparable if we just ask them...but I just don't see why they would spend their time running comparables if they aren't getting compensated.So I'm hoping some investor friendly realtors (preferably in Topeka or Kansas City) can help clarify and answer this question for me.  

I have been offered a short sale on a 4plex, run the numbers and it looks like a good single or double (not a home run) which for me is fine but i have no experience in this area.

For me, it is working out nicely because we flip and buy and hold. 

Excel is perfect for me now, but I am sure I will need to "upgrade" down the road.

I needed/wanted to move without the longer term commitment of owning another home so renting was right for me at the time.  

Had to post an eviction notice on Aug 10 because tenants had failed to pay $1700 that was due on Aug 1, couple is going through a divorce now, and I got them to sign a form saying they would move out by Aug 31.

I'm sure many people have done great things without an entity, but for me personally, I think I would prefer that type of protection.

Maybe it's just because it's new territory for me so I guess we will see.