Once you figure out exactly what they are doing or how they structure these it would be a nice service to post about the actual set up .. 

Its not hard, and I can't give you mine. so many ahead of you are willing to overpay, and like any investment, I set my price and if I don't get it, I am ok, because I didn't lose anything.

Then set it up so the tenent can have a horseOr a beat up mobile home on a few acres, Fox it up and make ready for a horse and rent it Full background check and FICO score on all tenents Properties are also appreciating.  

There were 2 couches and a kitchen table set and 50 old Elvis records.  

That leaves us with a decent profit.But, how do we know how much to set aside for capital gains taxes? 

The trick is... if you hire a PM MAKE CERTAIN they're good - honest, knowledgeable, responsive, driven....And make certain you 100% know how their fees work - some PMs will nickel and dime you beyond the set % they charge while others are less greedy. 

You can set up keyword alerts so anytime someone posts about Midland you'll be notified.

Once you pick a market to invest set up a keyword alert for that area.

Your excuse for not paying is court costs, which are not eligible to be deducted from jv profits, and a totally different set of contracts to a property you just said you sold, but reclaimed...

That Comp Report would have told you before you even set foot out the door if the asking price was realistic.