My friend recently asked if I would be interested in selling my equity in the future to bring the total ownership split to 50/50.

I closed today on a property that after my rehab costs will rent for 5.78% of my total cost (but this one is a duplex).

I've self-managed two properties total, but one was an easy-to-manage white collar condo type deal, and the other is still in my property--a friend, so no hassles there.I've never self-managed in TX, nor do I know the laws/in/outs, etc.

Heck our last move happened in a week from notice to packed moving truck/car.

Many family members I talk to regarding this issue don't stop to consider what would happen if the rich just packed up and left, which they are doing in growing numbers.

Total numbers are being thrown around, but as Tom Goans stated alluded to before, what ranks/seniority levels will be targeted and by how much.

I could do three deals for a total of $90K borrowed and still have less risk than the other investor.

I ended up borrowing on five different credit cards for a total of $170,000 and put that money in that bank.

There is, however, a 3 property rule, a 200% rule, and a 95% rule that limit either the number or the total value of the replacement properties that you can identify as replacement properties.

On my last retail flip I used an agent to sell and it was totally worth it.