We decided that we do a good team so we are preparing to acquire another one this summer, with the goal to expand as quick as possible but at the same time not get over-leveraged.Slowly I have built my credit which started to open new opportunities for financing, so now I need to study even more, and BP looks like the best way to do this besides reading books.At the same time I got a real estate license in order to learn the business, the procedures and the market which I buy my properties.

Newbies need a proven Step By Step procedure for finding funds.

Before you do all that ..you guys need to sit down for dinner and spend a couple hours really hashing over what you expect to contribute what you expect to do as normal operating procedures how the money is saved for reserves how it’s spent on capital .what kind of entity your buying it in , what will be the exit strategy or if one person dies or becomes gravely I’ll .

Alex,I've been speaking to multiple people about getting the meetings set back up with the policies and procedures that are shared with the other groups around the midwest.

What is the standard procedure for duplexes/triplexes? 

Fees vary as well as procedure, unless you are bringing a huge deal to the table a lawyer would be too much. 

This property is unlike any thing else Ive purchased, it's more bread and butter and the former owners lacked in management skills and did not have any policies and procedures in place.

Starting dental residency program soon so looking for passive :).  

Subletting just means you go through the normal procedure of renting a home and then you just move in another tenant to cover the rent and a little bit of a markup.

I am new to any situation as this and would like to know the procedures I should take or things that can help me.