I want to give 50% of the stake of all profits, and at the end of our agreement pay them all the money they spent on advertising and on my salary plus 25% interest.I'm not sure where to look for these individuals without spending a lot of money to join investor clubs and put the word out there.

I don't even know if they still have the deposit or they spend it.

And the way I see Jon is that you have to spend money to make money, for all that interest you pay is for an investment purpose and is 100% tax deductable.

Imagine not eating for a day because you had to spend what little money you had available on caulk.

This site is absolutely free (thanks to Josh) and no-one needs to spend a penny if they don't want to.

I spend a large portion of my time personally rehabbing properties to rent out (not the most effective use of my time, probably, but I enjoy it), but I think that should be considered a separate activity.

Dan, I think prices vary quite a bit across the country, but here's some ballparks from my area (SC)1) Kitchens...too hard to say since there are so many degrees of finish, but expect to spend a large portion of your rehab budget here2) For a small bathroom in a typical rental, I'd say 4-6k.

Carpet aren't good if you have pets, if you want to spend too much for hiring a cleaner's then you must removed your carpet or you clean it yourself.

In this scenario, what sort of money should I expect to be spending on the property itself?

sorry TC, was more curiousity than anything else. just looking to see what someone else considers a borderline neighborhood, in streets that i know so to speak.as i said, after working in an off neighborhood and spending my young life near one, blue collar is fine with me, no collar is not.