Now we are much more analytical about what we are going to purchase.You need to make sure you perform the correct analysis on whatever aspect of real estate you go into no matter what.

That is an aspect of partnering that I had not thought about. 

@Mark CreasonExactly and people are relying on this information for various aspects of their lives. 

Here are the additional aspects to consider that I would suggest to help clarify whether your concerns are sufficient to look for a way to pull out of the deal.House too old & will need expensive repairs -- ALL houses have the potential to require expensive repairs.

Of course this is just one aspect of learning your market.All the best

Just depends on your level of comfort with the Risks involved in certain aspects of investing.

I figure 200-300sq. ft is manageable for one of these units, a typical innercity rowhouse that is 12x35 or 15x35 can exist happily with one of these situated on the back wall and electric baseboard unit or two strategically placed on the front wall, this is per floor.

That’s the only way to do it. 9.What about legal aspect of everything that happens after you leave your check with judicial sale clerk?

You really should learn all aspects of the business from a good course at a minimum- that includes forms that you take to an attorney to make sure they are legal and protect you in your business. 

If you can help with any aspect of this problem please feel free.