I would look to a more profitable venture.

I got a quoted $3000 for the pool company to do it but I would like to DIY so I know what's really involved in the future.

So yeah - we'll see but of course there are risks in any venture.  

Jim Esway with Crossroad Ventures. (916) 788-9731(916) 412-9418Just let him know that I sent you.

Looks like I will have to venture out of Carrollton area...

I recently transferred my Traditional IRA to a SD IRA Custodian.  I haven't invested with it yet and this would be my first deal under IRA.  I have an opportunity to go into a J/V on a 21 Unit apartment deal. The num...

Excited for the venture. 

Once the Master Mind is completed, and the Business Plan Formed, the JV would be executed by all and enforceable in a court of law.I wouldn't try to put together a new venture, where each party has capital in play, without a JV Agreement in place...and our Community does plenty of them no matter how close the individuals are (friends and family..lol).Good Luck!

My wife is a stay-at-home mother who has time to assist with our venture into real estate.

Here is a "cheat sheet"Pretty Houses, no equity -   sub2 -> rent out,  lease 2 own;   wrap -> rent out, lease 2 own  lease option -> assignPretty Houses, 20% equity - list with agent; sub2 and note ->rent out, lease 2 own; wrap -> rent out, lease 2 own; lease option -> assignPretty Houses 20% - 95% equity - list with agent; sub2 and note -> rent out, lease 2 own; wrap -> rent out, lease 2 own; lease option -> assign; lease option and sub lease-sub option, possible equity splitPretty Houses - 100% equity - installment sale, payments to seller substantially less than market rent; Possible 2 Notes, do a partial sale at a discount of front end 60 payments on 1st noteMinor Rehabs - Joint Venture with the Seller (give note for equity, pay off note after resale), JV with Money PartnerMajor Rehabs - Wholesale Contract; JV with Money Partner, Hard Money Lender, Private Lender IRA Loan, Use your IRA Loan@Steve Vaughan may want to add to this.