First, let me say that I'd never even heard of the Uniform Partnership Act (UPA) until this post, so everything I know about it is based on Internet research over the past 10 minutes...so take this for what it's worth...It sounds like the UPA is a governing act that recommends rules for partnerships that each state must adopt independently (and it sounds like all but one state has adopted the rules).

Good Morning, I am doing research on ways to make money safely.

Chad White,Before you go ANY further you want to stop and do some research on what everyone here has said.

The commission paid to the agent came out of the recorded sales price.My advice to FSBOs is do you comp research and pocket the "commission" as a bonus for selling the house yourself.

Do not forget to take into account vacancy which can eat a profit margin.But if after sound research you find that it really is going to net you $800/month, then I would recommend adding a few of these properties to your SFR portfolio.

Research does have it's limits before you have to eventually put a toe in the water and learn how to swim.

As demand increases and the economy improves, so will real estate prices.My research indicates that if done properly, the yields will be between 15 - 20%.

As demand increases and the economy improves, so will real estate prices.My research indicates that if done properly, the yields will be between 15 - 20%.

In fact, I've found that most apartment complexes I've researched aren't even on Zillow.See this blog post for more detailed info: http://www.biggerpockets.com/renewsblog/2010/06/30/introduction-to-real-estate-analysis-investing/

Compare that - after research - to your winning chances and the level of collectability (is that a a word?)