Investment Info:Townhouse buy & hold investment.

That is what the attorney is for.Because you made the MISTAKE of letting this tenant know you are the owner (nothing good ever comes of this, despite what many posters state), you may need to tell a white lie to extricate you & your wife as the "bad guys" he'll hold responsible.Maybe tell him your "partner" is taking over because they don't like how you're managing the property. 

bank.. which bank do you use for receiving your rents and holding security deposits.

Partner ended up holding the note, and is on title.

Note: I bought my primary home in Georgia because the home next to my mom’s that I grew up in went for sale, so I plan to hold onto it longterm and put it in a trust with my mom’s house.

*My future wife is supportive and would be including her income to DTI calculations as well as potential savings.

In exchange for their financial support, partnering with investors who have money to invest but do not have the time or experience to locate and manage properties might provide invaluable information.One can purchase homes with little to no down payment by utilizing creative financing alternatives such as seller carryback financing, lease options, and subject-to transactions.

This holds them accountable in keeping up the property and how the operations are done. 7.

I would rather spend money towards a buyer and hold property that will get me all the benefits of owning the real estate for years to come.

Coastal CA with the Bay Area, LA or San Diego will hold its value and it doesn't take too many properties to build long term wealth.