Matt Berklacy Your best bet is to get your salesperson license and hang your hat at a brokerage that allows investorsThen you can get access, put I.

@Nicholas Reyes I could be wrong but I think your best bet would be to establish either an LLC or LLP and then the taxes would fall onto the company and not onto the individuals.

But as for pure appreciation potential, I’d wager that a good SFH will be a more solid bet than a condo in a tower (different than a condo in a small 2-4 bldg.)

Long story short, my partner and I believe there is huge potential in this property for an involved owner.

I understand if there is a free way it will most likely involve a lot of time and would be manual.

AdvantagesSince we are dealing directly with no real estate agent involved, we will save 5-6% on the deal which we will split 50-50.This one is a small advantage, but still mentioning it here.

All for $5,000 down and, $2500 of closing costs and $7,000 worth of rehab, from a private lender, so none of my own capital involved for this deal.If I did a 15 yr term refi, my cash flow would be gone and I'd be losing money.

If you already have a separate fuse box and wiring your best bet is probably to shell out for the new meter.

As @Addam Driver has pointed out, your best bet is to get a nice umbrella insurance.

My full time job is as an officer in the Navy, but I am involved in quite a few side hustles.