For the lessee, without a deed your protection is contract law, which with the protections placed in the contract by the lessors attorney, and the same by the lessees attorney, almost guarantee a lawsuit and counter claim.Recently, a friend of mine entered into a master lease (as lessee) for a medical property.

My payments are $1,560 a month (interest only)  I do not have a problem making the payments now .The Private money loan is not a big deal it is a friend of mine and does other flips with me.

Why on earth did you not check your property in over 5years.

Let Joe know your a friend of mine.

I already knew the mortgage person because we were already friends before...

My tenant (a friend) has moved in another family (not in our agreement) into my property.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

I have a friend I've had renting a room Monday-Friday the last 2 years while we were in law school.

I would appreciate suggestions and friends near the Zephyrhills, Dade City, Ridge Manor, Brooksville.I can fix and build anything and this area (East Pasco) is ripe for development.

The following is what we can offer:Over $110,000 cash$17,000 in credit line at a home improvement store (thinking about opening another credit card which will probably offer the same line of credit)Our home has around $80,000 in equity.We both have great credit scores.I have a friend who’s a Realtor and has flipped three homes and is now in wholesaling.