There was a MASSIVE dislocation between purchase price and rental price (there still is, compared to the rest of the nation).Fast forward; bought, renovated and now manage about 600 of them, all in Chicago area.

I don't think that it is fair to put a morality tag on one tiny aspect of capitalism at the exclusion of the rest of it.

Namon - Can you share the rest of "the list" with us?

Do i just ask for her to finance the 20% down payment and the the rest I can go get from a lender?

Thanks mate and great advice.We just recently turned on the marketing engine and it's been hectic.Crazy to witness how many disgruntled landlords there are in our market.It's a trend I noticed 10+ years ago but never bothered opening our doors to outside folks.I'm a more controlled business man nowadays so won't be doing any guerilla marketing tactics hahaWe are already killing the online game with simple SEO so it would be unfair to the rest if we pulled out all of our artillery lolThanks again and much success

When you say 50% equity, does he get his $500k back, before you split the rest, at some point, or do you get half of that too?

If your insurance policy has a limit of 1 million dollars, where do you think they are coming for the rest? 

Thanks in advance.You'll have to take your continuing education courses like the rest of us licensees.. 

If you do a 1031 California will chase you for the rest of your life to collect their state income tax when you eventually sell.

Certainty of execution, arguably the most important, is what makes a lender stand out from the rest.