row=1#modal_PhotoGalleryThese 50's houses are a lot easier to maintain, plus it has AC and a garage (tenants like those).

Title is clean.

The disadvantage of propane is the tenant has to purchase the fuel before he uses it, with electric he pays after he uses it. and can control his budget a little easier.

Not saying get a license, but I'd say a license in Texas would make life easier, you could have done that $5,000 ago.5.

But I can clean, paint, and do the paperwork, at least!

So again, some additional risk mitigation that makes it a little easier to jump right in to full time.Pat

While that may be the case for some, I have come to the realization that many of these gurus can and do invest, but the reason behind their guru education is simple, it is so much easier and profitable for them to pitch poor and hungry wannabe investors, taking their money.

The guy doing the work will still get more AND you will have a nice clean division between what is subject to FICA and what is not.Then on the next deal if you want to hire out the work instead of one of the principles doing it, it still stays clean.

Property photos show a cosmetically clean and functional place inside and out, no visible work needed (I know, the devil is in the details).

Of course many other considerations like who is managing the day to day.Also with LLC makes it much easier for you or partner to buy you out.