All of these stories that they had built put them in a position to believe that this project was going to be successful so it's that dream home and here are all the reasons why it makes sense when you're making a business decision you can look at those things and that's nice and it's what you should do and you can even extrapolate you can come to me and say listen here's all the spreadsheets this is why this deal makes sense.And that's a good way to look at it, a business venture but what you must do is contemplate your worst-case scenario if the market corrects back if that asset falls from where it's worth six hundred thousand down to three hundred thousand and believe me no one will believe that can happen but I've seen it so it'll go from six to three.

You provide the funds for a real estate deal, but have a hands-off role (which means you have no control).Hope that helps!

Maximum fun at minimum cost, frugality the rest of the way around, and save up for the next investment, which early on will lean more on the education/certification side for your income stream, and later on will shift more into either business ventures or real estate.4)  So I'll have saved up money, am set with education degrees and/or certs for my job, and I have a cash position where I'm ready to invest. 

From a tax standpoint, a Qualified Venture might be the best route if both of you are going to be on the title.

NOTE: I should also mention my tenant owns a lawn and pest control company.

This also gives me more control over my investments vs the Stock Market.

There is no limit to what they can charge because it is dependent on current market prices which are out of their control.

To summarize, cons are that HOAs have control and can limit rentals/increase dues etc.

Do you typically try to stay within your area in which you live to purchase properties or do you venture outside your state?

The primary reason for moving out is out side my control, the neighbor.