I have done quite a few 50/50 deals In the past..at one time that was a good deal for me, not any more, there are a lot more people with money, looking for a decent return, in my opinion, than people with the ability to consistently find and run highly profitable realestate deals.

I found a Triplex for sale for $219,000.It consists of:Main House 3/2 (Could rent for $1,100)Apt 1 - 1/1 Occupied $500/moApt 2 - 1/1 Occupied $500/moTaxes - $2,200Insurance - $1,300?

I have a rental that consists of 4 girls just out of college, with each of their parents as guarantors to the lease.

I have a duplex on whidbey island.  

The idea is to apply it to all applicants equally so that you are consistent between applicants and avoid potential claims of unfair treatment or discrimination.By all accounts though, a registered sex offender should not be passing your criminal history screening so that is why you would deny him (assuming he even turns in an application).Good luck!

One of the units consistantly gets water bills more than double the other building. 

I haven't see my house in 7 months but consistently makes money.

The next challenge is taking consistent action!

I live in DC and it is also a very competitive market in terms of Search rankings, but I consistently see IC members at the top of google searches in many different cities, including my own!

In most areas of CA, NYC and Hawaii that profit will consist of both appreciation and CASHFLOW over the holding time.