Leverage can speed up the accumulation of wealth, but it also raises danger.Cash Flow: Keep your real estate investments centered around cash flow.

She went in-depth to talk about maximizing rent and correcting all the safety issues that were mentioned in the inspection report.

You are dealing with hypothetical issues so far.Its great you want to get "saving," but you know most people don't buy a house at 22. 

We prefer to make good quality updates to avoid continuous issues but obviously want to keep the costs minimal.

The issue of adding a unit isn't all about construction costs, you need to investigate zoning and building requirements as well.

If for some reason you cannot, have the fee issued to one of you and have the one who received it to split it and then issue a 1099.

It appears as though there upper management and broker are better suited for vacation rentals and don’t Handel tenant issues well.

They would each be putting in 200k each and I would be putting in 100k and would be responsible for all the property management, being paid by the other two on an hourly rate when responding to issues.

Here are some observations:The leading 8 listings have accumulated between 40 and 57 reviews in the past year.5 out of 8 listings feature 2 bedrooms and 2 bathrooms.2 out of 8 listings are studios, with the top-performing studio amassing 44 reviews in the past 12 months.The average daily rate spans from $116 up to $526.Next, let’s examine the most prevalent amenities among the 30 listings in this vicinity.The chart below illustrates the top 100 most common amenities in this neighborhood.

The cash flow from that property is close to nothing and if there are any issues with the property and you dont have the financial backing to handle it then it is going to be hard to deal with.