Today I am going to give a few tips about assessing the location of a potential property that you are looking to buy and a few things I like to look at!

I have been in talks with a GC in Georgia and his method of building is: He builds everything at costs and doesn't include any markup or fees, he oversees everything, I only supply funding, and we split 50/50 the profits after paying back the bank and all other associated fees.Since I am only supplying the funding for the deal, is there a way I can structure doing this so that this is considered passive income for myself since I won't be involved with the construction or overseeing the project?

The problem is taking them collectively results in new problems for our lot...the three solutions work when you look at just one of our shared lines, but when you look at all three the math falls apart...my surveyor will have to take their collective work, his new field investigation and then apply his own good theories, and hopefully our property is the missing piece in the puzzle for how to resolve this.I share that because those three surveyors are all names I or my boss know, and do good work.

Additionally, what tips would you give to someone like myself who is looking to get started and is looking to purchase their first rental property?

IF so, have him put his suggestion in writing so that you are covered in the event of any mishaps of liability.

I look for 1. responsiveness 2. knowledge in industry 3. ratesNumber 2 "knowledge in industry" directly affects your cost. 

Hold your tenants financially responsible for the damages. 

I have another friend who is expanding into the STR business with in KC (He owns the territory for the company he bought in to...right now he is just in STL)Happy to give you his info as well

After losing my son and his mom, I realized that my time with him was cut even shorter because I had to spend most of my time at a job that I didn't even like.

Tenant was in a MTM lease and would like to stay, but the seller provided a very bad review and had several issues to report about their experience with the tenant.Would appreciate any help on how to legally remove the tenant, along with tips to consider throughout the process.