I have a multi family that I have purchased in 2013, it need some rehab job if I am to list it for sale.

ON A SIDE NOTE: I have a good friend who I trust, who currently doesn't have a job but has around 100k in the bank and is looking to partner in some way/shape/form to make some money in Real Estate.

@Franky Davis Great job making that first offer, that’s awesome!

Even though you never mentioned having a W-2 job it may effect your decision making process.  

It can range from a quick paint and flooring job for $5k and it could be $150k.If I had pictures I could at least give you a ball park but an on site inspection is the best

Although the public sentiment still seems to be gloomy on Atlantic City with new casinos popping up all over NJ and PA, we think there is and will continue to be a large enough volume of visiting beach/casino goers and local job base to support AC surviving.

The neighborhood is getting a lot better than 10 year ago and 90% of our tenants are hard working blue collar Spanish families who couldn't afford in better neighborhoods but enjoy abundance of job opportunities in the city. 

Certainly when I've had jobs that paid every two weeks vs. twice a month that is EXACTLY how they did the math. 

Not much of a career to speak on, just jobs to pay bills.

I have a good bit of money in the SDIRA and a regular IRA i have trying to figure out a way to retire now i am 56 and just got let go from my job.