Two common ones: 1) Find a mentor to work with to show you the ropes.  2)Link up with a strong real estate broker that specializes in working with investors, preferably someone that does his own deals as well.  

Hi Jay,It can be anywhere as long as the numbers make sense.

All:Can anyone please let me know whether or not I will personally incur capital gain taxes when my tenants in common partner sells his 50% interest of two properties we co-own?

Hey, It's pretty hard to find a multi-family here that actually makes financial sense.

So, in my market it generally makes more sense to leave it a SFR, unless you are going to totally blow it out to a huge multi-family, max out the square footage on the lot, and hold a long time.

@Mike Biewer you have a pretty common termination clause for our market area.

In fact, it doesn't even make sense.

I own 3-SF properties in DC (1 primary, and 2 rentals), and I'm looking to expand into multi-families or SFR if it makes sense long-term.

I'm wondering if it makes sense, since I'm the trustee of the estate, to try and mortgage the property, distribute the proceeds to my siblings then hold the property as a rental.

Are you accounting for things like water/sewer, garbage, electricity for common areas, landscaping, etc, in actual numbers or just using a percentage of rent or are you just adding a certain amount for the incidentals?