People who lend money professionally.I think of Private lenders as parents, family, friends, buddies, associates and interested doctors, dentists, and businessmen who want to invest some money but don't necessarily do so on a regular basis.

Maybe a family friend who could use a couple hundred a week and is responsible and has some free time to give you some sanity and time to find more deals 

Here's my overall plan:I graduate in 2019 and immediately start working and building creditI live with my parents (they've agreed to let me) until I have a decent income from real estate.I have to go to college but I'm going community and my father has agreed to pay for my student fees so there's no concern thereHere's where it starts getting good...My longtime friend (since kindergarten) is VERY entrepreneurial and is also the son of a contractor and is planning on going into contract work.

I've been advising friends to look--for the longterm-- at communities just north of Denton.

I bought my first Investment Property 21 years ago.Just before that, I asked almost ALL my friends and Family to join in with me.No one wanted to do it.

If there are people not paying but still living in the units then you would see a drop in your economic occupancy number and then you may have a property management issue or may be in a state where the laws are not very landlord friendly.

My favorite $25/hr massage place is that one on the corner of Tapo and almost the 118 and my friend who's house I'm at all the time is just a couple miles past that.The answer to your question should be fairly black and white-- just run the numbers.

Should we start an LLC if my friend and I decide to partner up??

As I start out my real estate endeavor........    I wanted to solicit the experience on the forum -   in terms of deciding which state is friendlier towards landlords ....   (Delaware or Maryland)   which would you pi...

My realtor is investor friendly and she is always on the same page with me in looking at deals and offering on them.