He has a degree too".Go for an MBA if you have the desire to learn what they offer, but don't look at it as "forced appreciation".Maybe it's time to relocate and interview for a bigger and better job.You also mentioned to get your real estate license.

A judgment against you will take that asset or force you to sell it.Get Landlord Insurance and a good Umbrella.

The ones that stay without paid, forcing the landlord to file for eviction are the worst kinds.If you decide to take on, ask for the maximum security deposit, and if allowed by law, add some fees as insurance in the case that things go south.

But, getting his with a 5 figure fine isn't worth the trouble.Landlords are fined first and then are forced to defend themselves in court.

High crime, poverty, hopeless.The strategy for C-class rental success is to try to stay toward the upper end of that class, provide attractive properties to get attractive tenants, maintain stuff well to keep those tenants and, in particular, be very careful with your screening in the first place.

Your only tax burden mitigation would be to receive money on the deal as a gift since you are not a listed partner on this flip, this would force the tax burden on your partner both in SE and income taxes.

She did not want the tenant to be forced to live somewhere where he was being threatened and did not feel safe.  

I am now forced to move to the next available candidate who can move in the quickest. 

Remember to also include cleaning the heating duct work if you have forced air in the house.

She was forced to buy it since her mortgage required homeowners insurance.