To those like @Vincent Plant looking to go down this path I highly recommend @Brian Burke's book The Hands-Off Investor for due diligence and @Jim Pfeifer's Left Field Investors to connect with a community of like-minded people plus education.

Originally posted by @Jim K.

I absolutely agree with @Jim Jopling

However, I’ll just like to add some food for thought and delve into what Jim Ingersoll mentioned in his post.

I agree with @Jim Piper that if this is to be an ongoing relationship it is especially important that you make a stand and not allow this person to dictate unreasonable terms to you.

@Jim Cummings - As stated above, the payback is getting pushed back quiet a bit. 

Originally posted by @Jim K.

@Jim K.

@Jim Pfeifer As I'm reading through all the information, your point about RE not really being passive is hitting hard.

Mike Walker and I (Jim Sinclair) are going to share our experiences doing our first “fix and flip”, our exit strategies, how we financed the projects, and what we are doing differently.