@Mark PedrozaLets say im working with a relative (as a minor) and all i do is find leads; the relative signs the contracts and splits the profit.

I’m general, asbestos isn’t like lead and doesn’t need disclosure to tenants.

I have some property management opportunities underway to help generate some cash flow on a steady basis, plan to act as an agent for some additional cash flow, and also have an interest in flipping homes. 

For me I bought a home in Summerlin and moved my residency to a state with no income tax.. as I generate income in 14 states a few of which have no state income tax.. so that helps. 

Hello,please, dont go flipping anything from hard money at this time. try door knocking, calling on craigslist, zillow etc to find wholesale dealssave up money then partner with an experienced flipper/rehabber on your first flip.until then, join local groups, meet 5 ppl a day in RE, build a network, provide value to them by supplying leads to them..via wholesale or even referral understand online marketing as well...thats the future, under how technology can be l leveraged in RE.so, you need to MARKET, NETWORK, & AUTOMATEfor now, start with marketing. kill it!!!

Buying a non-performing asset (an asset that generates no income), that I am only going to sleep in that sells for 6, 8 or 10 times the average income in a particular area, is not something I thought was a good "investment" in 2006, nor do I think it is today. 

Homes are clearly outdated and need things taken care of like lead paint, new windows, paint, etc. 

KC is good because so much info is online, that's what lead me to feel comfortable investing even though its out of state for me.

As time has gone on, the properties I purchase are getting nicer and nicer which is leading me to consider selling some of my cheaper properties.Since I have only been a buyer to this point, can someone give me some tips on selling my properties?   

This would also help me set up generational wealth so this cycle doesn't continue.