$1000. it's the ratio of value to reward to focus on. 

We had to fire numerous bad PM’s as we learned the ropes, but we survived and we learned the value of good property management!

They are numerous ways to come with creative financing and if you keep digging in this forum alone, you come across novel ideas.

There're numerous podcasts on the topics with a ton of great guests.

But if I can get cash back rewards on a big purchase like that, I’d like to take advantage of it.

LOL Yes, foreclosures can be very rewarding.

Home ownership is rewarding in itself and worst case scenario you may need to live there longer or hold it longer for the market to recover “IF” it does collapse.

Any partner (and you should indeed treat these folks as a partner) should receive fair compensation and reward from working with you. 

Now I look at investing in a college town where the university drives the economy as a high-risk high-reward venture.

You have a high paying rewarding job that you worked very hard to obtain that likely takes quite a bit of time.NNN (Triple Net lease) is commercial RE were the tenant is responsible for all expense items.