I am of course assuming they took better care of it with me actively living there, but it made a lot of conversations proactive instead of reactive after a question or concern would arise.I know there will be opposite opinions, but I am certainly pro letting your roommates know that you are the landlord of the property!

The general partners put the deal together and do all of the active work and the limited partners just invest money.

We hope that by keeping these mistakes in mind, you’ll be able to avoid making the same ones in your next real estate investments.

I am interested in long term rental to meet 1% deal but it seems impossible also I am little hesistant with out of state investment..would you mind sharing your contact to talk further?

Keep in mind, every situation is different, and what worked in another place might not be the same in Houston because of rules about where and how you can build.

New to real estate and actively seeking a multi unit on the south side of Chicago 

I know @Sean O'Keefe was active in real estate in that area and knows specifics for Nevada and CA.

Keep in mind this will be a 30 year or forever hold with appreciation the ultimate goal and cash flow at year 20-30 being retirement income (hoping to stack 10 of these if i can)Here's the numbers, I'm planning to close in April i just got back from taking the wife and kids to the build site, they approve so that's nice haha.

Looking forward to meeting people like minded and motivated to creating wealth via real estate.  

And keep in mind I am just the bridge lender so folks can BRRR and when they refi I am paid out I dont own any of these long term.The OOS investor acquires a home normally from a fix and flipper be it a turnkey out fit or off of MLS and the agent they are working for like a Holton Wise there in Cleveland for instance.So before they buy it the homes were in disrepair and vast majority are bought from locals who have failed to maintain the property but live there as owner occs.. those folks simply dont get hounded for violations like OOS or non owner occ props.What I have seen is when neighborhoods start to go down hill when they start to turn from predominately owner occ to rentals or the school scores go way down..