., @Clay Smith, @Anson Young, @Michael Quarles, @David Robertson, @J Scott, and @Mark Ferguson and Carol Scott.It started with one of the podcast “quick tips” from Brandon Turner.

I'm new to REI, after a quick search I ran into BiggerPockets, which I LOVE!

As far as looking for a 4-plex, the market in Bakersfield is currently very competitive (i.e. multiple offers, some cash offers, quick closing, etc.).  

However, if the buyer they found for us works out, perhaps we will give them a bonus of sorts for finding them so quickly?

So, if new construction goes quick and gets entry level homes available we will see a better balance and prices may level off.  

Because those rules are simpler than analyzing your own risk/reward profile or long-term investment goals, they attract a lot of attention.  

(just expressing what I would do, not what I think you should do - it's your business) My goal would be get out of the situation as quickly and painlessly as possible and I would not sweat the financial impact very much. 

We hope to both hit the ground running pretty quickly in the coming months.My question for you guys is this:  Once we become more experienced, do you see value in partnering 50/50 on properties in each other's states for Buy and Hold purposes?  

@Timothy Murphy IIIAre these properties picked up pretty quickly by all cash buyers or would I stand a chance going the financing route? 

.), where it is naturally attracting a crowd looking for luxury.