@Ralph Justiz As @Tony Castronovo said W2 incoming is blessing for our skill set we acquired from our hard earned degree/education. 

@Corey EdgeCheck out the Georgia Real Estate Investors Association for local networking and education. 

I c This is what I would do in your position..I would only incorporate if this is a rental property and/or this will be an ongoing partnership doing flipsIf this is a just a one time thing or at least to test out the waters it would be easier to structure a joint venture agreementThe proper way is to incorporate but is it necessary with all the fees associated just for 1 dealI am an agent in Toronto as well and someones it gets too complicated when so many people and decision makers are in on the deal.

As for ability vs requirement, the benefit or difference in risk is associated with the additional cost.

That is, a note does not secure the lenders interest.To secure your lender, the note must be associated with a lien against the property.

Most investments/business ventures, require a certain degree of upfront sweat equity to produce passive income.

That means, mathematically speaking, in order to come up with a dollar adjustment for each one of those, and only if one set of matched pairs is used for each adjustment (remember we talked about how it would be better to run matched pairs on numerous pairs for the same element to achieve a certain degree of reliability?) 

A new book that just came out is Debt Free Degree that is avaialble on the Dave Ramsey website that I have been hearing great things about.

Also, as you know, the property has a direct effect on utility cost to a certain degree.

You can also stop in to the Hampton Roads Landlord Association and talk with other landlords there.