I understand the different types of investing and making profits without having to spend any of your own money.

I hate to continue this LLC debate but it's pretty clear that 90+% of people here spend way too much money on LLCs with false hopes of protecting themselves and/or their assets (and most really  have no assets to protect anyways) because they read Rich Dad Poor Dad or any of a number of gurus books that bring nothing of value for the real estate investment business.

Many end up spending too much time in the bars it's so flexible. 

., resident in the forums.Click on the "learn tab" at the top of the page, and you could be spending many hours on the Information that is available.Raymond

matt did consider buying me out at the start as he wanted the house for him and his family.he eventually decided against for a few reasons.since I was leaning towards keeping the house as a rental,it wouldn't have really been fair to buy me out and keep it.then turn around and sell it in a few years for a Big profit,it would just create bad blood between us.we decided it would be best to keep it strictly business and both profit together.Also,another a big reason was that matts wife is sick of renovating the place and spending money on it,so she now hates the house and said she can't stand being in it now,and wouldn't want to live there....so I'm pretty sure that was a big reason as to why "they" don't want it :DIt is in a nice area and there are much nicer houses on the street than ours that are worth a lot more than ours...so I think if we we're going to sell,it would be worth doing it pretty nice.Thank you Manolo for the idea!

@Luisito Espanolayou take a tax deduction when you spend money in or on your business.

You are correct that I did not spend as much as I did in my profession/degree.

I keep going back and forth and spending time researching 2 different avenues for my next deal.1.

I fully get that I need to spend more time in the real estate business and start networking. 

Seun consider spending 30 minutes for 30 consecutive days on Bigger Pockets.