Question is when deal is divided between limited partners($ investors) and General partners (realtor + mgmt company with not single $ invested) Deal 70% Limited partners and 30% for General partners- with 6% preferred on your share of invested dollars which general partners will not collect however, will divide NOI (70/30) with you getting your shared percentage investment (lets say 15%) of 70% on yearly basis; and later on sale of property (70/30) again. 

What can you buy with dollars?

Is there a good way for rookies to get to 10+ doors in a couple of years Without house hacking and without putting in hundreds of thousands of dollars in down payment?

Buying a 1 million dollar apartment complex is the same analysis as buying a $100000 single family house.

We save a lot of service calls, a lot of money and that money ends up being in the thousands of dollars over a 10-year period.The next thing we do when we take over an apartment building is we remove every plant, tree and blade of grass on the property and we put rock in place of the grass.

For my first real estate investment I have access to the funds that would allow me to put 20% down on 2 or 3 $200,000ish Condos.The Condo’s are in good condition and would not need any rehab.Is it smart, stupid, wise, unwise if I purchased the Condos with a 20% down, and rented them out at a proper rental rate (which would be a few hundred dollars higher than the mortgage)???

I sense that you are leaning toward selling based on fear, and following our fear never results in wins.Yes, you have an easy market to sell in today, and perhaps—though not likely—the market will cool, stretching your dollar further in the next six to twelve months.

There are plenty of local dollars hovering around the few deals like this that come up that show any value. 

I began my journey Driving for Dollars on Thursday, August 12.

I've learned it's typically not smart to buy the listed parks but instead send out mailers or dial for dollars or drive park to park (the most heavy lifting but certainly a great way to meet a lot of park owners and learn a lot about the business face-to-face, old school...