I will try to summarize my thoughts so that BP community can weigh inI currently own 2 rentals, one in my local community and one in Austin, TXThe Austin property has anywhere from $75,000-150,000 in equity depending on if I sell it as is, or take the time to renovate it presell.

Its senseless for someone to summarize the purpose of (some of which are complex) them here.  

This puts $25,000 in their pocket and gives me a property with immediate equity.To summarize, I already paid $11,000 in cash and intend to pay another $19,000 in cash.

I think the process we went through and the structure we ultimately followed may be of interest and perhaps help to others so I will summarize it here.My wife's parents were approaching retirement.

I've also heard from multiple property managers that they cannot share any of the confidential information they find in their screen, only summarize it for me, which only adds to the mystery.  

To summarize my short term goals for the next few years is to focus primarily on fix and flip properties in my local area with my business partner.

If you summarize it, I really made 2 major mistakes (one of them repeatedly).1 - Having someone else pay the earnest money deposit because I was out of town.

Josh and Brandon did a great job summarizing the steps to start a successful real estate investing business. 

I was hoping to summarize something that many of us were feeling and you make me believe that maybe I did :)@Dawn Brenengen Thanks as well!

If not, you should sign up and use the Fix n Flip calculator to best summarize your deal for a lender.