Hi Karen,If you are buying property with someone else, by default you are in a general partnership. 

Anyone else investing in the south jersey area on here?

I own a condo in San Jose and the HOA is currently $460 a month and may only get higher as they will eventually need to replace the roof and who knows what else.. we bought it about 2 years, 2 months ago and we are discussing a deal with someone to sell.

What about refinancing to get the free money then rent it out and have someone else pay the bill and keep the property?

Someone else might have a different opinion, but I don't see holding this being the best option in the long or short term.

I mean, they're trying, but they're trying to clean up a mess and it's at their own pace.

If you were doing it as an investor with somebody else's ownership, that gets kind of messy.  

I had a chance to look at the house before it even became foreclosed - extensive updating is needed, and there's a problem with septic, disclosed by the owners at the time.Of course, the problem with sitting and waiting for 2nd reduction is that it might get much more attractive to everyone else, including investors.

My 9 to 5 job is sales and I have grown increasingly frustrated with the prospect that I am making millions of dollars for somebody else when I could be putting the same effort into my own business thus,  have recently decided to go all in with real estate investing.I have a decent understanding of the process but I am stuck in the analysis phase of how to generate leads for a few hundred to a thousand dollars. 

At this point I would fire them, probably pay the termination amount if it’s less than like 300 bucks and go find someone else. 575 to snake a drain is absurd.