@Sam t.

Obtain our first (hopefully of many) rental property (~$120k) on the way to generating some long-term cash flow.The foremost question on my mind is what to do with our current house.

Reality, the borrower would probably need to hold significant equity and obtain legal assistance.

Hi guys,Does any of you have a good method to obtain a complete list of addresses of a particular city or county in an electronic format?

I recommend John T.

* If there is a completely passive "money partner" who is getting (we'll say) 50% of the profits for providing the funding, then if that partner obtains a loan to provide the funding, then the active partner should get 50% of the profits computed PRIOR to consideration of the loan cost.* Just because everyone is making a "personal guaranty" on a loan, it certainly doesn't mean everyone has an equal amount on the line.

At the end of the day, real estate investing is the vehicle I hope to obtain freedom from a job, not to have an additional job.

It can be used as a tool to employ by advisors as a justification for charging a client, making it appear they obtained some great financial plan or a tax deferred transaction as a benefit.All, IMO. :)

ThanksJerry, James, Josh and Sam T, for your input

Other Income includes a service charge of 50/unit as well as pet fees and late fees for part of the units, but I'm really trying to get the Expenses down to a T.