It was also a nice hedge for if the market changes and single family homes rise in value I can sell for a larger profit.

Most jobs worth anything will require you have some sort of degree.

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Do the higher end appliances tend to have a larger discount?

If it's an investment property & you want to make it really interesting....separate the land & home @ the time of purchase.Own the land in another entity (or by your kids)now you lease it back....you get the depreciation of the 'improvement' (home) & you get to take the land lease deduction, esp worth it if the land is a significant $ value as per the assessor.Around here we found land values can be high because of the larger tracts of land.

My husband is a numbers guy, so this just made sense for us.We would love to own a multi-unit (larger than 10 units), as well as a smaller 4 unit.

I was wondering if it is feasible/possible to have a sort of Angie's list equivelant for RE service providers on BP.

I'd always be nervous of long-distance investing, unless it was a larger, more "hands off" property.

Here is a duplex that has the potential to break-even, if not net a little cash, from day 1: http://www.redfin.com/CA/Los-Angeles/104-N-Harper-Ave-90048/home/7093197My question to those more experience is, say I wanted to approach my investor friend with this property, what kinds of deals could we structure such that he'd be willing to invest in acquiring the property, we both acquire interest in the property, and we each obtain some sort of gain in the long run.

I am working on my next deal with partners on a larger property and you guys bring up some very good points.