I would make the driveway a one way where the entrance is from the main road (right of image) and the exit is a service road (left of image).Here is a screenshot of the place I want to purchase outlined in red.Something a little unique about this sell is that it would include a billboard.

Outline where you want to be in five years.

"How do you raise the rent on a 10-year tenant".....the same as you would for any tenant ... you send proper notice as outlined in your state landlord tenant regulations which I am sure you have learned already."

I would like to outline my basic plan for getting into real estate on this board.

You can hit the highlights by going to his site, clicking on the title, and looking at the outline and the copy he uses to sell the book.

A house, is just not a house, until it has what I call the "ghetto stamp of approval", this is when I install new carpet and within 30 minutes of moving in, the tenant has burned the outline of the iron into the carpet in at least 6 spots.12.

Marcia, good outline.

Then if you decide to manage yourself, that money is a bonus rather than a necessity to make it a good deal.Look at where you are from where you started, 29% down to 9% just by adding in a few rules of thumb. 9% is still very good and much more realistic, so don't start crossing out line items like paying a PM because you perceive your situation to be unique.

There should be a section that outlines the Duties of the Agent.

If you're going down that road I think you should be VERY upfront in setting up expectations for each party and outline contingencies should one of you or one of your friends not meet their obligations whether due to laziness, illness, death, divorce, loss of employment, etc.