Hope to help you achieve those goals here in the future my man!

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The amount of digital ink that is spilled on this site about LLC's and how to set up complex structures  by folks who can hardly be called investors is a bit maddening to me as it keeps folks from actually investing dues paralysis by analysis due to things that really do not mater a great deal.

He was helping out with rent most of the time back then.

These properties are typically bought by individuals or families who prioritize location, size, and condition, making the comparable sales method more reliable.Income potential still matters, and calculating the NOI can help you ensure the property cash flows well if you plan to rent it out.

Any help/advice on what kind of financing to go for (FHA/conventional/first time home buyer benefits) and any insight on how best to do this with a partner would be greatly appreciated.

Happy to help share my knowledge and welcome to the community!

In my experience it helps keep pre-applicants organized and is an actual sight with a google-able name so it doesn't seem as scammy.The background check and credit fee is $30 paid by the prospective tenant but I always tell people applying for my units ahead of time what my credit and background requirements are and that if they pass those qualifications (plus the reference checks) and sign + pay the deposit that I will reimburse them the application fee.

I personally would not want to drive around this neighborhood knocking on doors for rent.

@Ian I Leinwand I would be interested in talking with you more about this.