There's a few problems with this - first is that the lender will want to know where the mysterious $10K came from and assuming you tell the truth, they will make your friend sign a letter to the effect of "Tia never has to repay this money it is 100% a gift".If he's comfortable doing that, then he obviously trusts you because as soon as he signs that document you have no legal obligation to ever repay.As for the terms - why would you want to buy a duplex and only essentially "own" one unit?

In some operations this will look like cause and effect type systems.

Doing it in a loving way is typically more effective than the nagging way.Good luck.

As far as turner field moving I am on the fence about that effect on the area.

I am experimenting both cost effective and convenience as it is going to be a part of my long term system.

These will effect maintenance costs and utility costs.

If you want to accumulate as many properties as possible, realize that acquiring rental properties is like a domino effect.

We were able to live for "free" which enabled us to put together money to remodel both units without tapping into much credit - which had the effect of rents increasing from 600 to 1200 in the other unit.

Typically the home search sites are using IDX or RETS feeds from the MLS.Theres a lot of advantages with the using the actual MLS, including: you can search for properties with much more search criteria, search for comps more effectively, get lockbox codes so you can see the property, set alerts so you get notified immediately when a property of interest hits the market, and see the actual status of properties.

I only have two rental properties now and have been using Quickbooks effectively.