I jumped in this week.

I also spoke to my realtor about possible rent and she said based on my location alone I could get $1700-$1800 for a studio/1BR. 

It's affordable and a great jumping off place to those exploring the Olympics, Coast or heading to Victoria.

The question is just how beneficial it'll be based on the property and your specific circumstances.

@Laura Chotkevys -- congrats -- I have been in the business since 2017 when I jumped in - not without it's challenges. 

I am not a QI soliciting business, but have had customer experiences with all of the big ones out there.DM me if you want my perspective.One of my very best experiences has been with a QI based on Florida.

Prices have skyrocketed in my area and based off comps, I believe my prop would appraise for around $700k.

Our current focus is working on 1-4 unit fix and flips, but eventually work towards being able to refinance properties and keep and cash flow them.My question is  tailored on the the way I should structure our relationship for the legal and tax base purposes.Should I secure the deals under my business and pay my partner out of my business operating account?

As Melanie noted, true CAM costs (but really NNNs) are billed based on actuals.  

Hi,My father purchased this 2-family house (R5 Zone) back in 1976 in Astoria Queens, and just like many other landlords in NYC he rents out the cellar/basement.I've been reading online the definition between a basement and cellar based on the link below, and I think my father's falls under a cellar.