My background: relatively new to REI, I purchased my first triplex with an FHA loan outside Minneapolis at the end of January which is going relatively well so far and I’m looking to make my next purchase sometime in the next 3 months.

Restored two unit on beautiful setting.

The beauty of partnerships (and this biz in general) is that each property/partnership can have its own rules.Hope that helps.

Background checks all come back good.

The weather is beautiful out here in Southern CA today! 

The beauty of leveraging the cash value of a maximum overfunded life insurance policy is that the insurance company is investing its assets for the long term so your cash value will capture a long term debt market rate of return.

I had two singles that moved in, with a similar background, but they were not a couple and paid separately and thought of their security deposits and responsibilities as separate. 

Hi Everyone, I have a background as a loan officer but I only worked with clients who were refinancing their owner-occupied residence or purchasing a primary residence.

We added an applicant's social security number and birthday's to our rental application to help with our back grounds checks because it was hard to know if we actually had the right Jane Doe and John Smith.

From there you handle everything, but have the advantage to defer back to them if you need help or advice for a fee.This inst a turnoff to potential tenants that are going to be any good, and an advantage to you because the management company will already have vetting procedures, background check in place, etc. to get you a good tenant.