If you had made plans prior to today to allow them to move in sooner why not, it does start the relationship off on a positive note.

I so look forward to connecting with others in the real estate community to learn and share.By getting into real estate investments, I know that I will not only make a better and more fulfilling life for myself and my family, but I will also be a role model and possibly have a positive impact on the neighborhoods that I grew up in (war zones-we'll see).Right now I am so excited, maybe too excited, to jump right in.

Since I am using HML they will have a 1st position lien on the property, so can I secure the $30k with just a personal guarantee?

I'm pretty new to landlording and have never held a position as property manager.Joint ventures can be beneficial to both parties if the numbers look right and your cross your legal t's and dot your legal i's.

This duplex has a positive cash flow of $400 per month from the tenants after the overhead (ie water bill, grass cutting, and mortgage).

The lesson is to never ever leave it in an open position when you have downstream shutoffs, and especially when you have downstream shutoffs!

But I managed to position myself with a few non rent controlled condos, and having those in this city is basically like printing money.

I am currently offering free list to every body who wants it.

There are other strategies which require no money out of pocket but typically a beginning flipper is going to need some available money at hand to get into the game or even to put you in position to use those strategies.

Sometimes in this position we need to step back and look at the bigger picture and I think that is why you asked the question.