Let them have some skin in the game too and help oversee the property.

., 97% LTV) unless you’re overall financial picture can support it.I’d definitely say do traditional bank financing with low fixed rates if you can (again, this points to more long term holds than flips), instead of hard or high-rate private money.And as far as partners, the old saying is that a partnership is like a marriage - a lot easier to get into than get out of.

You just have to calculate that into your projections as a cost of doing business.I suppose, ideally, you could get your license and go through your own broker for the sales contract and legal support in purchasing your properties.

I also personally would support this with saying that you dont NEED college degree to be successful with desk jobs (certain ones, you may  - like software engineering... working for most of fortune 500- you know what i mean) but I also say this because all i had was passion and drive to learn and was able to get/keep desk jobs in the past. dont feel obligated to go through school but just know that this is what you want to pursue and want, and everything will fall in place for you. 

I suggest having at least a little skin in the game... unless it's just an amazing deal. 

Require every tenant who claims ESA to use a company like this https://www.petscreening.com/h...The legit support animal owners won't mind and the fakers will be fearful.

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

It's extremely hard to calculate capex for the well and septics.. plus having such a small park just to support it.

Thin skin will get you nowhere fast

They have more skin in the game then you do.Make sure you get clear title.