I would like to give a sincere thanks to all who contribute and share how they have built the wheel so that people like me won't have to reinvent it.

@Darrin Carey Thanks so much for contribution!

I have the drive and determination to succeed- and can contribute a good amount of "sweat equity".My question is where can I find someone, in the NY area, that has experience, that's willing to mentor or partner up with me?

Thanks to everyone who has contributed to Biggerpockets and helped me to expand my understanding and vision.

Make sure to read, listen, learn, and contribute!

Hi,I want to thank anyone who has a contribution in advance.

With him being in CA and bringing in Capital and this person being local finding the deals (and according to the pod cast the local was ALSO contributing cash to each deal) then they were splitting cash flow at what ever deal they put together.From my point of view many newbies or CA investors should really listen to that one and keep that scheme in mind if they are bound and determined to go out of state and go for low end C type units.

@Kelly McE I can't contribute to your question at all but would you be willing to share some ballpark numbers?  

So I went online and found people saying conflicting things If I can do this, can I also add the annual IRA contribution?

You could then contribute the asset into your fund after the holding period.