I'm relatively new to RE, but have recently made up my mind that it's going to be one of the main components to my long term wealth building strategy.

Keep in mind, I am not a full time flipper and my investor is not either and especially no flipper will joint venture with new investor.

By the time the option to purchase rolls around, I wouldn't mind putting a mortgage on it at that point.Negotiate a lower purchase price, since it is a distressed property in need of some work and purchase the property now via HML (incl funds to rehab the property).

because you may spend a bunch of money on a rehab that's not functionally useful to potential tenants if their business requires certain buildout/finishes.

I think the more important thing to keep in mind is that this is a small portion of the real world.

I'm working with Matt Curtis' real estate team but I'll keep Bert in mind.

Keep in mind tax aspect may be different from a legal one, so you may want to consult with both: an attorney and a tax accountant.Disclaimer: I am neither tax or legal professional so this is based solely on my experience.If you would like more details about my personal experience feel free to PM me.Best!

I just went to my first meeting in Appleton this month, and there are lots of like-minded, experienced individuals to learn from there. 

To be honest with you people do not mind lend relatives money for medical tuition bills and will not want to get into lending practice unless there is a profit sharing scheme.

I have not seen rents in those brackets drop much if any what I have seen is them go hundred % vacant and cant refill them because construction came to a screeching halt and the laborers left and many or most laborer's are tenants.. this played out in PHX  AZ   Vegas NV   FLA  GA  places with uber new construction .. when it stopped so did the jobs.this is all dictated in my mind on JOBS.. you have jobs you have rent stability jobs or economy falters people start moving in with relatives or they simply up and leave and go somewhere else.. there is a reason U haul is a billion dollar concern.