Here are a few recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/ If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select that person below.

They've only had to attend 2 or 3 over many years as they stress compliance with HOA rules during the selection process.    

I also drive for Lyft on the side as a source of income.My goals for the moment are to find some good deals on foreclosed properties and in turn use the profits towards a more extensive training and education.

Here are a few recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/ If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select that person below.

Here are a few recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/ If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select that person below.

Pete is that homes in a low end range typically need extensive renovation.

Mike,I sent a batch of about 2,000 postcards to Absentee Owners in select Denver zip codes w/ over 50% equity, whose homes had not traded for at least three years. 

Curious to your thoughts on overall profitability, as currently I don't intend to make a massive property management company, but something more manageable and only taking select owners.

@genna you've got a dog there and no investor that knows what they're doing will buy it retail , REIs want under retail, like 20% below retail,  so that's not an option , trying to sell it to wholesaler@Genna GoldenA 1031 exchange might be an idea with people that are trying to avoid tax and they don't care about paying retail.To avoid any out-of-pocket I would try to find an investor will take on a  master lease with option, and they will guarantee you a certain rent, and They will take care of upkeep and repairsI don't know what your numbers are but you could try for a five year (1 year with extensions) MLO deal

Also, wouldn't a very extensive and detailed operating agreement mitigate the inherent risks of a "bad breakup"?