Ask how they intend to pay for a year or two of rent.I ask for a statement of assets and discuss any red flags or ambiguities with them.

I am in negotiations for  a duplex and triplex to get me to a total of 7 units.

@Katie Balatbat I'm sure it's not a huge deal.

A fun research trip!

What if by the time I post there is almost nothing on the market in a comparable location of a comparable quality?

Or maybe you could find a really naive landlord outside of Las Vegas that would let you rent it out while you’re away.

I will spend around $5000 - $7000 a year for tax planning and filing.

You can't sell a portion of a property like you can sell portions of stocks, bonds, mutual funds, etc.

I think that a new partner a very large real estate development co. that the company now has a relationship wanted it there where his company is also .We have very different definitions of a Hard Money Loan. 

I just added laundry to a unit and need to update the lease with a laundry line item.