I will then try to purchase a new multifamily unit every year and a half till we are ready to move to the suburbs.I anticipate learning a lot from here and look forward to interacting with all the knowledgeable members on this site.Thank you for your timeNnabuenyi

Unless your contract says otherwise, but I'm doubting you had anticipated this type of situation when you were drafting it. 

Anticipated Rehab $125,000.Here are the specific numbers on this house:Purchase $149,900Estimated Purchase Closing Cost: $6,000Rehab cost: $125,000Selling Closing cost: $6,000Selling Commission (6%) $25,494TOTAL COST $312,394Sell for $424,900 - $312,394 = $112,506 = 36% Estimated length of time to close on sale 8 - 12 months. 

You just need a lawyer to draft a really good operating agreement to anticipate what happens in certain scenarios that we see often in these types of partnerships.

Regular buyers were anticipating getting rich off simply buying a home and figured that they could sell for a huge profit before the option ARM re-set.It was all driven by greed.

I have personally registered Texas LLC's all over the country and don't anticipate any issues. 

In anticipation of periods of inflation, your best financial position is to make long-term commitments for fixed payments but receive payments that reset frequently.Homeowners loved the high inflation days of the late 70s and early 80s.

If I can buy right and keep rehab costs under control and rent the property than i would anticipate a good profit on a flip. only trouble is once i own a good property with a good tenant i don't want to part with it.

We are considering putting it on the market now and taking those proceeds (we anticipate a 50% return on investment) to buy a multifamily in California.

While we preferred the user experience offered by Appfolio, we selected Rent Manager because we anticipate fewer manual workarounds due to the functionality available to support activity that’s uniquely prevalent in the MHP business.Keep in mind that the one-time implementation fee can be waived if you are comfortable setting up software tools and don’t have a huge portfolio to import into the tool.