Gabe there is a monthly meetup at Molly Spillanes in Mamaroneck by Deahouse and Hosted by SDF CAPITAL LLC. 

From the IRS website https://www.irs.gov/taxtopics/tc511"If you're a member of the National Guard or military reserve, you may be able to claim a deduction for unreimbursed travel expenses paid in connection with the performance of services as a reservist that reduces your adjusted gross income rather than an itemized deduction on Form 1040, Schedule A.

If I later decide to sell, I'd have to pay closing costs on my own (plus capital gains). 

A property manager cost will depend on the area I've seen it as low as 5% in high rent areas, but the national average seems to be about 10%. 

I'm looking to begin investing in properties with a friend because with our combined capital we believe we can afford to do so.

Hi All ,I am doing some research on Trust Deed ( Performing Notes only ) and have found few providers through the reference from BP and also doing an organic search on the Internet.Have anyone used company Paper Assets Capital (PAC) to buy Trust Deed ( Performing Notes only)?

It's about cash on cash returns/more capital to invest in next investment

Well, returns only happen when capital is actually returned ... ;)

This is also a full time job for many of us and our livelihood depends on our deal flow and we need capital to sustain it.

Value = Net Operating Income / Capitalization Rateedit: This applies to 5 units and above....1-4 units is more based on comps.