Each had put in $100,000 to $500,000, according to documents they provided.

The owner often put in a tremendous amount of time.

If you put in the input to search for properties and make offers, you will eventually secure a deal whether that's in 1 week, 1 month or 5 months.

It's best practice to remove them, spruce the place up, and put in new tenants at market rate that have been screened and approved by you.

What I did: Purchase a duplex -> force equity with repairs -> increase rent to make more cashflow -> refinance based on the increased value and lower my payments Basically a BRRRR except as a primary residence there wasn't all that much cash put in so I only got $7k back out. 

I’m not planning to put in LLC at this time bc it’s mom! 

For ex you're putting $10k in at your employer then you could only put in an additional $13k into your Solo 401K.  

On average, I doubt that the agents who made $$ on my transactions put in more than 12 hours of work. 

Your goal now should be to put in the minimum amount of effort and money to get your unit to rentable condition so you can max out your capital return before you sell it. 

And the other 75% gets put in with a QI for a 1031?