I would just be responsible for repairs which should be minimal unless AC/furnace/water heater go out.

Expect 50/50, 60/40 splits as a rookie until you reach a certain plateau..office fees, transaction fees, franchise fees, etc...Once I learned the ropes, I broke away to a company who pays me 100% commish, with just a $99 fee for each deal, minimal support...

Minimize the rehab expenses and try to do things yourself to save $.

I understand the ideas of equity and capital gain from price appreciation on the underlying asset, but just from a sheer cash in the pocket standpoint wouldn't it make more sense to try to minimize the initial out-of-pocket acquistion cost on the investment?

The goal is to maximize the money you have in your pocket, not to minimize your taxes.

I'm naturally more friendly with my tenants which helps longevity but when people start to take advantage of you, you gotta see it and take the steps to evict or cut ties while minimizing your losses.

The triplex has only had minimal work done on it.

Hey, where else can you find a bunch of willing and ready newbs to actively seek out deals/business for you for a very very very very minimal return to them :)

Buy a power inverter for your car or truck that can handel the sewer machine and get a 4 or 5 100 ft extension cords to bring power to where you need it. keep evrything in a rubbermaid box and break it out when you need it . power inverter and cords will cost you $50-$100 but you'll always have it and can use that setup to power other inspection equipment like (lights) it its dark.

(WDRB Fox 41) -- Police say a Louisville man was leasing out homes he didn't even own -- and his "tenants" were completely in the dark.29-year-old Gary Hammond was arrested Monday afternoon near the intersection of Cannons Ln. and Dayton Ave.Police say that on Feb. 24, Hammond pretended to be the owner of a foreclosed home in the 2600 block of Patio Ct., west of Manslick Rd.