First of all you would never count what you pay for your living quarters as rent.

For every new partner a valuation of the company would need to be determined and the existing partners sells shares to the new partner based on that valuation, keeping the total share count at 100,000 or whatever is decided. 

 (27 and counting, with 6,000 + new units coming on the market).http://www.bizjournals.com/orlando/blog/2015/04/27...Not to say you can't ever do well with a condo down here, but it will have to be that diamond in the rough.To John's second point, you can do very well with the BRRRR strategy.  

But you need a lawyer, so count on a grand realistically.

Yes, Many of the "How Do I Start" ......it certainly drives the thread count and I see BP just went over 200,000 TOPICS!

(it's the thought that counts, right?)

Derek,I only flip a few homes per year, I think the number of offers was three but one of the group had contingencies so I think I would count me as two quality offers in the first few days after listing.I list my properties with a Realtor / partner and while I do get email alerts when showing are set up I do not track that metric. 

That's a 18.5 hour work day for those of you keeping count! 

They also can't count the income on my first investment property because it is not on my tax returns. 

And the last time I checked a German Shepard does not count as a medium sized dog, but that's what I was told once by a tenant.