As right now he owns 70% of the company so he is calling all the shots.

This consistency reveals a valuable insight: once you identify where and what your target segment is currently renting, buy similar properties.

I would recommend focusing on markets/sub markets that will provide a more consistent return so take your time and be careful in the areas you're investing in.Personally I prefer the middle/southern part of the country because the price points are much lower and the laws are landlord friendly.

Hiring a good property management company who's on top of things, or ensuring you or someone else you hire put aside additional time for property inspections on a more consistent basis.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

This is what will ultimately equate to no interest or offers, even though you're seemingly priced correctly, according to the competitionTo summarize, this certainly isn't the market where record values are being set anymore, but I'm consistently seeing most of these lots sell at minimum recent comp levels, not below

You will need to build your CORE 4 when you get started which consists of having a great realtor, contractor, property manager, and attorney.

Then the partnership can be on title as the owner of both current properties and then the partnership can be the consistent taxpayer for a clean 1031 exchange.

There is probably next to no one making consistently $1mm after taxes per year on this forum.    

The key is staying consistent and networking with the right people (you’re already in the right place!).