@Joanne HansonDocument, document, documentEverything in writingTry not to exchange tenants skill and labor for rent and keep to your list of hired professionals.

I self mange with a heavy dose of skilled plumbers and maintenance people. 

Perhaps some level of REFINANCE might take place.

@Homer ReaganIf you expect to maintain some level of self-employment activity moving forward, the Solo 401k is likely your best option.

Just curious, mostly because I'm not the most patient person - how long did it take you guys to be at a level you're comfortable with?

This is perhaps the least risk member category.Limited partners make all initial equity contribution, pays no holding costs, earns 8% preferred (Level #1) with a catch up provision to the Sponsor on net cash flow up to 15% (Level #2)  and with the equity split afterwards  on remaining net cash(Level #3). 

But, unless the same care and attention to caring for customer needs, and wowing them with great service is maintained at all levels of an organization, it may not make much difference.

So I’m looking to buy my first investment property in about two years and look at the multiunit split level apartment or duplex or triplex what should I be looking to get in preparation for

What approx level of expenses I may pay for all efforts during due diligence period if I have to delegate it all to professional contractors?

Kind interested in a fix and flip since I have the skills to do the work myself.