A friend of mine started this way, and it made his transition to full-time business ownership much smoother.Document EverythingKeep meticulous records of all transfers between your business and personal accounts.

I began the renovation process by enlisting the help of a relative and some of his friends to gut the interior.

I would also focus on landlord friendly states if you are planning to rent.

I have a rule , never do business with family or friends .

If you’re open to short term rentals, there are lots of places across the state that can really work.I’m a local investor-friendly realtor and work with both long-term and short-term rental clients.

The price points are still affordable - around $120k-$180k, plus the laws are super landlord-friendly. 

Check out FilePlace, where user-created forms are available for free.

Our close family friends inherited the father's house, but it needs significant renovations.

When you start asking the question, where are we going to get more housing for all of the 20,000 people moving to our valley every year, you look around and say: "I guess I will".Our first project has been over 3 years in process with a handful of friends and my Dad as the primary investor, we are ready to break ground on 17 units of townhomes and multifamily units for sale in West Boise.

At that point I dont know investing would make any sense, I have heard scary stories I was thinking about short term rentals but that needs constant cleaning after guests and conpetition is very high my friend spent almost 200k out of pockets to buy a property for airbnb and he got 17 bookings per year....