I'll definitely visit Niagara Falls.

I was thinking he supplies the down payment and acts as a silent partner.

It is a great deal for the silent investor as they typically make 50% - 100% COC in less than a year.

Hey gang, I've been radio silent on the forums for years.

Not so much ;)So now investors are feeling the weight of dog properties…be it higher interest rates, non paying tenants, property values falling, government intervention (especially in CA), etc.

A few questions below:Are renters in general bad at managing finances? My unit cost 3k/month to rent but you can get cheaper units for much less. My tenant is constantly late, which is a clear sign of financial issues...

Rule of thumb: I've been told "Never fall in love with a property".

The landlords aren’t staying silent either.

I just bought it in the fall and am trying to complete a bunch of modifications during off-season (e.g. metal roof, certain safety features, treating the deck, possibly updating the fire pit area, etc). 

You’re still a teenager so it is easy to see all these “gurus” talk about how rich they are and how they don’t have to work – don’t fall into the trap.