If you don't have access to some sort of line of credit then I'm a fan of keeping things simple. 

The boiler took a longer than expected period to reach a full operating temperature of 180°F.

From what I've read two very simple rules for your investment decisions should be that 1) it has to cash flow and 2) it needs to be value add so that you can force appreciation.

You will find a ton of helpful resources, especially under the Education section of BP.My recommendation is to pick one niche in real estate and stick to it until you fully learn it and it is operating like a well oiled machine.

Second, there are 50 states in the United States and EVERY state has different laws so there is no way for one "simple" system to cover all 50 states, all types of sales, all types of financing.  

First, the most simple approach is to join all your local Facebook REIA groups and stay active in those by letting everyone know what your goals are. 

Getting a loan where I put up the inital 20k and the funder supplys the rest of the 85k rehab cost, is simple.

Im not say that I would not but not having the operator living in the area of the apartment is a big issue for me to invest as an LP.

Mainly for tax reporting (Depreciation vs Operating Expense).  

Hi all,Was hoping to get perspectives / hear stories on how others approached the possibility of selling RE assets and using the proceeds to paydown debt on other properties.Here is what I see as potential +’s and -‘s:+ increase cash flow by removing mortgages (so more passive income)+ opportunity to sell underperforming assets- less assets under management (so less potential equity appreciation)- taxable gains (will not redeploy into RE as my sense is we are near the top of the market)- 30 year fixed mortgages in place at low 4-handle rates (based on simple bond math, the value of my liability is shrinking on a relative basis as rates rise)Other facts relevant to my situation:* RE is but just one asset in my portfolio (and I’m fine with that); cash flow and appreciation are great, but I’m looking at the asset class as more of a long term hedge against inflation * not looking to leave my day job and / or replace W-2 income entirely with passive income * don’t need the cash flows from RE; again, I see the asset as a levered inflation-hedging play