They bring most of the financing and you bring the boots on the ground local area knowledge and the management of the property and some capital so that you have skin in the game.

As we jump in the game, we’re thinking that finding someone based on a referral is a better option than winging it.

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. 

Anything within a three minute drive of campus is fair game for that, as far as I and some other real estate agents familiar with the area can tell.

They passed and we are still in the waiting game. 

MF (depending on size) is a different game altogether.  

It will keep you above board with the division of real estate as well as offer you a better opportunity to make money slingin' deals.

He has now mentioned that he wants to get back into the real estate game, and buy more properties later this year, which he agreed to have me come along to witness first hand how the whole process takes place.

They promise paprs of incorporation, minutes of board meetings, a company seal... basically a business in a can. 

What’s the board’s thoughts on buying for rentals in this area, specifically near Eagle and Palm?