If your a billionaire a couple hundred grand isn’t going to get your blood flowing so don’t expect him to be highly motivated or super on board to work with you 

It's also a great time to lay down the ground rules and make sure they are on board and just establish rapport in general, which to me is important. 

Bobby,We were very transparent in the process of on boarding and made mention several times that if you're uncomfortable with us, do not trust us, or want to be hands on - then you should probably manage it yourself. 

So, if you're on board so far I would say the goal would be to maximize the cash flow on both properties as rentals so you can hold onto them with little risk.For home #1 since it has good equity and a short term mortgage, what if you refinanced to a 30yr to bring your monthly payment down closer to $1k/month?

this is why getting a GOOD commercial RE person and financial adviser on  board would be a huge help.  

As long as your neighbors are on board it's likely not a big deal. 

I know both wives are on board, but maybe it is better to wait until he has flipped his first property before investing with him.

Is your wife on board?

I’ve gotten to where we have multiple doors at the same monthly rate so I need to transistion into an app to help me manage and identify who paid rent.I have a few tenants that are “technically challenged” and I’m anticipating some challenges with getting them on board to use a payment app.Any suggestions for the simplest rental payment apps (from a tenant perspective)?

Greetings Bigger Pockets - My name is Matt Davis and I'm new to BP. Checking in from Hoosier country, Bloomington, Indiana. I'm here to learn and see what I can do to gain schedule freedom. Money is always nice, but I...