Do you know all that is involved?

At the end of the day, I would be out of the LLC/partnership but mortgage in my name for which I will be compensated for the risk.

If you have a little extra cash you can always set up a VA (virtual assistant) to handle many small tasks that are involved in sifting through the rubble to find a great deal.  

Our plan was to pay off our loans as fast as we can, start a corporation to mitigate risk and start a joint savings account where we do 50/50 contributions to build up cash to invest. 

Is it generally understood that in-order to get a pocket listing from a *commercial* multi-family broker, you will have that same broker represent both sides of the transaction (i.e. there is no additional "buying agent" involved?)

The risk in that one is I had to use only 5 yr recourse debt, which I do not like doing right now, but the reward warranted the risk for me.  

Out of state is too much risk, a year's income could be only equivalent to a water heater change.

I agree to miss plates, flat tires tow it but if everything is in order you are risk of being charged with auto theft regards of your weasel clause.

I never responded because I knew I wanted to cash it on the 31st instead of waiting until the first and risking another late rent fiasco.

FEMA's floodsmart.gov website used to let you look up an address and it would tell you the risk factor.