It would be different if the numbers were so good and you owned a majority and could work on squeezing out the last few owners of the other units or you could get them on board with a plan.

First, show 55 is already in the can and is going to be one of our best shows ever -- it is probably one of the most valuable to date for everyone on board.

My uncle is fully on board to do whatever it takes.

Welcome to BP Nation, always nice to have more CA investors on board here.

I plan on eliminating this by putting some of the 20 maintenance workers we have at the company and I would give him a discount on the apartment for him to be the super (these guys are familiar with everything they maintain our 650,000 sq ft warehouse.)I'm not expecting to become rich overnight but I see this as a good investment and a good chance to create some equity.To sweeten the deal I would also offer the employees a ride to work (buy a 15 passenger van) for a nominal weekly/monthly fee which would help cover the driver's pay.Pros:1.

Welcome on board!

The reason why I put the "and/or assigns" on my contracts is to ensure that all parties are on board.

Some are relatively safe, and in some they set you on fire when they mug you, board the buses like Jesse James and rob every one on board, and there are places where gangs will take control of an entire apartment builing and hold it while they rob everyone in the building.You need to know the good areas from the bad and you need to know real estate law before you start putting your money there.I also suggest that you check into inheritance law if you are going to be a family unit.

We've got a section on the forum regarding notes, and you can network and meet a ton of other people in that line of interest here on the site as well.I look forward to having you on board!

Welcome to BiggerPockets, glad you finally came on board!