If something should happen to go wrong with the tenant you will be involved in the dispute.   

I’m still researching which niche I want to focus on so my involvement in real estate thus far has mostly been educating myself and I’m getting more excited by the day.

Is there an oversupply or just that the supply is there to meet the growing demand. 2) Between the two school district which is a better bet - Frenship or Cooper?

There are lots of ways to flip houses, and be involved in real estate.

If I give a free month as incentive I am guaranteed the lose of $3500, if I take the gamble and not collect the deposit, I’m hedging my bet that the tenant wont trash the place, and therefore less likely to lose $3500 bucks. 

Been searching the internet/loopnet/zillow etc,. and I don't think I'm ready to take on multi-million $$ properties yet because this involves partnerships high investments.

Although I have been a broker for 4 years and have been involved in 6 fix and flips (keeping contractors on schedule, running numbers, being particular with the details, marketing), this is the first time I raised private money, 30k.

This was required because the project involves an addition and we will need the survey for the town's building department.  

This would involve getting drawings, making modifications to the building, contracting a GC, etc.

Hi BP Community, I have been involved with BP for Quite some time now and although as an attorney, I have done hundreds if not over a thousand deals as an attorney.