Once they're signed, you can rely on them and the tenants would have a challenging path to raise any undisclosed claims. 

Stay away from credit cards, and don't take on any consumer debt.

Keep all your receipts, use the same credit card for all home depot purchases -- maybe for *all* purchases...

When we move out, we will be able to get 800/mo for this unit and plan to do some light renovation to the cheaper of the units to raise its rent potential as well.We are currently looking at subdividing our So.

Are there any tips/tricks to get into real estate with high loan balances and credit card debt?

They are paid through Paypal, FB payments, etc.I have quarterly insect treatments at the cabin and they have my card number. 

The biggest screw up is where they code credit card expenses fyi.

You raise rent and reduce expenses to increase NOI to $10,000 (10 cap). 

So, that is where you may need to save up more of your own money or work on raising capital so you can bring an investor or partner in on the opportunity.I would agree there is an art to knowing when to ask certain questions like if owner financing is an option.

Sponsor is getting 3% for acquisition and raising the capital plus 1% for asset mgmt.