We just try to position ourselves to buy when and if the right property comes along.  

I contacted these references and both had positive experiences w/ Engelo and OCF.

I have not understood exactly what in which position/location breaks.

Adversely, a fund that is targeting 8% has a little bit of a buffer as rates rise and fall due to the discount they would have to apply in order to achieve the return.  

In terms of finding properties, it has its positives (most widely-used site) and negatives (harder to find "deals" here because the site is over searched with a lot of traffic).

If you experienced monthly losses, (about $1k), and live in it for 1 year to qualify the property as my primary residence, is it worth it?

So the first home purchase is scary but I think if your planning on living there for at least a few years you are more likely to do better purchasing it today than later.If you were purchasing this primarily as an investment my advice would be a little different such as do not pay retail, consider house hacking, your mortgage to expected rent is to tight to be cash positive with maintenance, vacancy, and cap expense added, evaluate exit strategies, etc. 

An office location, your goals, some type of corporation or LLC, financing figured out, and picking a primary Team that is willing to help you on top of learning.  

Well, the only good news I can bring to this thread is that real estate probably has the lowest barrier to entry of any form of investing that'll get you "1%er" like tax breaks. 1031 exchanges.Capital gains exclusion on selling a primary residence that has appreciated in value.Mortgage credit certificates.

But I would hope to build a partnership and eventually have him buy into a equal share position where profits could be split 50/50.Thoughts anyone???