I would prefer to pay about $50-$60 for a legit plumber work and no more than $20-$30 for side-job guys.

All in, we both have 75K a piece in the property.This family member decided they would prefer to cash out, and let me take over rental property operations. 

Are you comfortable with an 8% Preferred return and a 20% IRR?

I'm currently studying for the test, but after coming across information on the world of real estate INVESTING with its many niches, strategies and financial benefits, (beats the market!!)

The specific deals I have seen are usually with a preferred return (7-8%) and a split on profits (60/40 or 70/30 in favor of investor).

I noticed there hasn't been a beginner advice thread in a while, so I thought this would be a great opportunity to post some of my questions and thoughts.A little about myself for context:  I would like to invest in my first property before this time next year, preferably starting with a house hack. 

@Ann N.If the payment they got paid off their loan or gave them a nice profit they may want to defer some of the taxes over time and prefer the cash flow thus taking the second.

@Larry F.Hello Larry,So, what I’m looking for preferable is a property that is ready and has a tenant in place.

But I have really been looking to get a property in a beach town or on a beach preferably Florida ’or gulfcoast.

Do you prefer It In cash or a cashiers check or do you prefer a different type of payment method