In this scenario, you are giving away 50% of the equity and 50% of the profits for 50% of the relatively low buy-in.  1) Financing is possible as a percentage OF HARD COST or APPRAISED ARV value, whichever is lesser.

can I get away with just my cell phone starting out or is a business #/fax line necessary to start out?

I have about 60K in school loans, I bought a new car in January with car payments, and I have all the regular bills as does anyone else like cell phone bill, car insurance, cable/internet bill...that kind of stuff..and I live at home with my parents.So I have been really really looking into real estate the past couple of months.

Hi @Sandra Roddy My piece of advice would be, if you're going to go the turnkey route, make a trip to whichever market you choose and see the work each turnkey company produces.

If you are interested, please feel free to contact me by whichever method is most convenient and comfortable.Thank you.

So before I drove over there and thew my cellphone at the guys head I went into a state of meditation and made a resolution to try to sell.  

Just like cell phone companies, they will be super nice to a potential and/or new clients.

Good luck on your investing in whichever market it is that you choose.

He had a BUYER (investor) agree to pay both agent's cell phone bills for the following 12 months just to keep the deal from falling apart since there was no room in the deal for commissions anymore.  

It's all about how much time and energy you can reasonably put into the investment over time.I will absolutely second (or third) the comments here about visiting the market, whichever direction you go.