Protect your personal housing by not taking excessive risk with your RE investment acquisitions.What if the home next door for sale was a mile away, everything else equal?

These funds must be from your own sources -- gifts are not allowed.2) the property must pass a "self-sufficiency test". 75% of the market rents on all units (even the one you're going to live in) must equal or exceed the PITI.

In CA, the good neighbor act spells out that property line fencing is to be shared equally between neighbors for maintenance, repairs, and construction of new fencing if the fence is to be on the property line (the shared line).

Proximity to colleges and public transportation is vital for the room rental model from what I found. 

I’m so excited to start investing, yet there are equal parts dread/fear as it feels like I still know close to nothing and the prospect of buying a home can seem so overwhelming.I know this was a very long introduction post and I’m truly grateful to anyone who took the time to read it through, let alone leave a comment or answer a question.

All things equal, being in a good school zone will help you fill vacancies faster and potentially charge higher rent.

Give each member an ownership stake equal to his cash investment.

I have not yet begun talking locally to real estate or tax lawyers, but would like to know if this community can offer me a point of reference.I have been told by some of my real estate friends that the best option is to move my properties into a business entity and have my children as equal business partners?

The lender will want a track record, 25% down, net worth equal to loan amount, and 12 mos reserves.

A 10% PM fee equals about 20-25% of your profit on a leveraged purchase.