He knew he technically was still on the hook for the rent, but apparently he trusts her and her parents enough to make rent and the situation not to cause any issues for him down the line.Since first talking to them, they have now come to some agreement where he is fine with signing something saying he's not on the lease anymore. 

@Tina M Mckenna-Gilleykudos to you for wanting to learn more and make RE part of your portfolio but... unfortunately, I think this is a really, really tough time in the market cycle to try for cash flow, especially in a short period of time.you could house hack - where are you located?

Depending on location and market building out high end condos can be a good money maker but is not simple or cheap.  

All good money makers. 

And its worked rather well considering what I had to start with and where I'm at now.Not that I think I'm a big investor, thats for some of the companies out there that are really just incredible deal makers.

This is not for the faint of heart but it's a money-maker for the right investor.Through another wholesaler, we got a property in Lake Villa.

Just got back from three skiing two days at Breck and one at Keystone.What's the better money maker--assuming hiring a management company either way:-Short term vacation rental-Long term rentalExpenses must be pretty significant with cleaning and furnishing a short term rental, but income is also good.  

it was a lesson learned , and much cheaper than most of us will pay when we make real estate mistakes :)

I'm looking to learn as much as possible as well as make connections that will allow me to make real estate investing a reality.

Now if she wants to invest lots of time and some money, I think she could figure out a way to make real estate work for her.