If any issues arise it is a 15 day notice to get them out of there. 

South Philly is definitely a more popular area for flips as opposed to rentals due to the proclivity towards ownership.

That’s why beach sounds have always been a popular investment long before STR’s became the new thing.

Brian,You must be popular.... you've got a bunch of good ideas.As for banks, forget about them.

I frequently watch a lot of the folks on YouTube who are popular in the real estate investment space; however, I feel a lot of the time these guys are more selling the dream for views rather than giving solid advice (no disrespect to any of them, just how I feel). 

Are there any Milwaukee investors that only focus  on cash flow or is the natural progression to seek appreciation after reaching your cash flow number?

We would split propety tax, repairs, and utilities 3 ways  Seems like a no-brainer but I am just weary of getting into any sort of investment with family and in-laws, due to all the nightmares I've heard.I think I want to create a side contract for potential issues that arise, so there is no argument back and forth.

In OR, you need to pay 9% on cap gains since it's like ord income.You also need to recapture depreciation at 25% and pay MediCare at 3.8%Why do you think 1031s are so popular?

@Tucker CummingsYes, if I'm understanding correctly we are on the same page.....Have the line of credit available when a distressed opportunity arises.  

I plan on keeping most of the funds received to manage the property if any issues were to arise along with what I have in savings if needed.