I definitely need to find a partner regardless of the help for getting this deal going because I've had a recent argument with the missus of the relationship and I'm pretty much alone on this adventure for FI....I've got time all day at work to listen to the info that I want to gain info and knowledge for helping anyone and everyone who wants to know more as long as the info is in audio format then I can learn it and assist or teach anyone else who wants that info.

So not that I am turning away already but I was wondering if there are any reliable trustworthy groups or even individuals that do multi family managements down in the Fort Lauderdale?

Each of these variables will dramatically change the advice for the individual asking this question.

Originally posted by Account Closed:Can you guys teach me these rules50% rule70% rule1% ruleand more rules.  

By the way - our group is hosting a buy and hold workshop Saturday the 16th in the morning - featuring Andrew Syrios - (you will find him here in BP) he will be teaching live at KCRAR - see the event section for more details and how to get registered.

I'd still have an attorney review it regardless to ensure your interests are protected and that the seller isn't being preyed upon with the wording therein.As an individual who has the authority to execute a legally binding document such as a purchase contract, I would never use a document that wasn't approved by the state or drafted by a lawyer in my state.

It may not fit your individual definition of 'little to no risk', but the income is not taxed by the federal government.Depending on what you want the money for in the future, have you considered a retirement account or a 529 account?

Response to Ben:When we first began with our initial investment in Seattle there were no limitations on the number of STR units an individual owner could possess. 

@Joe Fairless , Michael Blank, Rod Khlief, and Kevin Bupp (please excuse any misspellings) all provide opportunities on their individual websites to submit offers for review.

I am a buy and hold kind of person, no desire to buy and flip.My wife and I are in our 20’s so we are looking for individuals we can build lasting relationships with.