Another person considers taking someone's security deposit not to actually use it for repairs, just on a matter of their own individual morals, as a way of teaching them a lesson.I know who I'd rather do business with.Anyways, hope OP doesn't end up in court due to a lawsuit over this, or in court over mishandling the marijuana that they possessed after their tenant left.

I was wondering if anyone can tell me when the REIC meet times are, and where in the west Michigan area (Grand Rapids, Muskegon) as I'm looking to connect with like minded individuals who's been in the game a while and can help me get off on the right foot.

A Flipper aka house flipper, is an individual whose niche in REI is acquiring property of his/her desire with the intent of not occupying the property, rather creating equity/value in the property, subsequently selling the improved property for material gain; i.e. selling the property for more than it cost to acquire said property + improvement, thus creating profit upon sale of said property.

Who you are, what you do, and how you can help that individual.

I would really appreciate it if you could provide some insight with regards to the following scenario.In year one GP has 20% equity and Limited Partners A,B,C,D have the following interest in the property's equity.A: 20%B: 20%C: 30%D: 10%If the operating agreement states that after payback of principal the equity split will convert into 50/50 would the Limited Partner's individual interest compress equally?

@Nabeel Mahmud I rent directly to companies both for profit and non profits that provide care for individuals with special needs. 

You can definitely achieve your goal if you set your mind to it.Here's a great quote from Napoleon Hill's Think and Grow Rich that speaks to your situation."

I have been able to relate to a lot of others' postings about what they perceived from the Rich Dad Seminar also. 

Plan for 10% vacancy, maintenance, higher taxes, insurance, cap ex to renovate, reserves, management fee 10%, utilities unless individual metered.

If it were easy to explain where home prices are going we would all be rich!