I have a friend that has a fair share of liquid assets and he continually makes comments that he would love to invest in my first house flip.

However, I would like to continue to invest in real estate before I purchase my own place.

Just closed on my second triplex but trying to invest in some quality education since my day job is in healthcare.

Also check out the free guides under the education tab

I think for your first thing you need is education on what you are about to do. 

The deal:Actual purchase price: 80K (cash purchase / may refinance later)Units: 8 (2br/1ba each)Rent/unit: $350/moManagement: 10% to manage / nothing to place tenantsTaxes: 1600/yrInsurance: 1200/yrFlood insurance: 2400/yr (yes, it's in a flood plain near a river)The positives:Solid management in place (for years) that is eager to continue.

I don't have all of the details, but I worry that the management company could be taking advantage of them.I do not have the capacity to get involved and am not educated in this area, but was wondering if anyone has general advice on how she and the other condo owners could best seek to protect themselves and resolve their dispute with the management company?

And you would also have to do 22.5 continuing ed courses every 2 years, so more money out of pocket.And there are fees for the state license every time you renew.There isn't anything preventing you from buying and selling your own real estate as an investor without a license.

This thread may be helpful for more educational resources (books, podcasts, etc):https://www.biggerpockets.com/forums/70/topics/411...

Thank you for responding and please add your continued thoughts. v/r