In this case, you would draft an operating agreement that specifies each partner's role—your friend providing the cash and you handling the rehab and management—and that profits and ownership are split evenly.

The ypromise the world and a happy, friendly place to live but then they they do nothing.

That’s a serious swing, and I’ve seen something a bit like this before with a friend of mine who tackled a teardown project in a quieter part of Austin.

Hi Michael, I have found value investing in Cleveland, OH because it is home to Cleveland Clinic, lot of good neighborhoods, landlord friendly laws, stable appreciation and good cash flowing properties.

I would advise finding an investor friendly realtor when you choose a market.

From the architectural wonders of Downtown to the tranquil, family-friendly communities on the outskirts, there’s always something new to explore and learn.The city’s constant evolution means different investment opportunities are always surfacing, whether it's the push for sustainable living or a growing emphasis on smart home technology.

While I often “trade” properties, a friend of mine is a buy and hold guy.  

These guy is talking a lot about how great the city in his targeted investment but very little time going deep dive into his Financial.Our friend Grocapitus is targeting the naivest tech-background rich folks that's rich in equity but poor in financial analysis capacity (and bit arrogant too sometimes because they think because they rich due to tech so everything else was easy).Our friend here  likes to cherrypick market stats that's irrelevant for his investment at his deck.

It doesn't seem this "accelerator program" is offering anything of true value and quite frankly I am surprised someone such as yourself who has 10 years of experience and owns 50 properties would fall for a gimmick.I've had friends and family swindled by the gurus and seminars out there (I've been duped myself before) so I can understand the cynicism, but not every community is just a gimmick.

I have no social sphere or contacts family or friends in Oregon (I don’t know anyone besides my fiancée).Goals: continue to have flexible schedule while enjoying what I do (selling real estate) and making good money.