Purchase price: $1,000,000 Ravine ApartmentsWe purchased, Silvertree Apartments in 2022 which was a run down 20% occupied apartment complex that was an eye sore for the city of Silverton (suburb of Cincinnati).

Without a financial education - it's hard for him to discern which.What he should NOT do is to buy toys or spend it on fun because it'll quickly be gone.If he was financially savvy or versed in real estate - he could even buy a small apartment complex and self manage it if he had some property management skills.Advice should be catered to him specifically though, blanket advice isn't that helpful.

They do not like doing these complex forms and charge quite a bit for them.

I’m sure they aren’t advisable on larger projects but depending on the project size and complexity, they worked great for me. ~$650 for the study. 

Legal Compliance: Navigating landlord-tenant laws can be complex.

You can also take them to small claims court but you cannot get water from a stone.

This leaves a smaller balance disputed but if you do not pay them anything until its resolved, it could lead to issues if it goes to court.3.

Of course the co-signer should be significantly stronger in ALL areas as compared to the applicant...usually this is a parent or relative, and they should be well established, with ownership of real estate for years; long and stable employment; no, or very distant, criminal and traffic court records; well funded SAVINGS/IRA's or stock market accounts.

.* compensating for their small manhood (women carry too)* Afraid/scared* a “little man” (again, women carry too)* have a superiority complex* some other negative thingThe same things are said about people who drive big trucks.

If you have trouble managing 1 tenant that renews once a year changing tenants every 30 days will add a lot of complexity to it for you