Second GC undid all the work and started from scratch.

Google "skip tracing" and hire a virtual assistant or call center to start dialing any property that last transacted for under a certain price point.

And here we go....the start of the fall from earnings.

Start with BiggerPockets Ultimate Beginners Guide (free).

Google hangouts was technically by far the best messenger technology ever created, but if faded into obscurity and died like so many other google products.I had some hope for GVR at the start, but it's clearly got one of the crappy teams and not one of the good ones. 

One year also helps you maintain a schedule for inspections, rent increases, preventative maintenance, etc.If your lease doesn't have an early termination penalty, then the only thing you can do is start marketing and find a replacement tenant.

It's great that you're getting started Ka! 

Most often the terms specify that distributions are first paid to satisfy the preferred return and second they are paid to return capital, so the capital account would look like this:$100,000 starting balance$8,000 preferred return accrual($8,000) preferred return distribution$100,000 ending balanceIn year two, there is another $8,000 due, etc.But partnership agreements can be written however the parties agree, so the rules could be different and that would result in entirely different calculations and results.

We started taking the Houston phone book which was huge and by category and just flip pages and put our finger down without looking for a selection. 

Most sales agents are required to start working buyer leads when first licensed.