Interest rates are another spicy factor to keep an eye on.

I’m actively involved in their Agent communities so that I’m not a drag on their resources.

It really helps have 50 sets of eyes on each of these investments, for analyzing risk.

Since these actions are very state specific, and involve an understanding of esoteric features of civil law, it’s vital that your friend engage the services of an attorney specializing in ASSET PROTECTION and licensed to practice in the state in question.  

I'm certainly willing to travel and keep an eye on things but my vision is to find a market I can play in and build my network there.

For me, the part that used to get messy was tracking my own involvement the little tasks, site visits, calls, lender emails, and project decisions that all add up when you need clean records for taxes.

I just don't see a lot of duplex/triplex/fourplexes in my searches, but I will keep an eye out for them.And my thinking has been along the same lines: That I can't get a property that is destroyed and needs a lot of repair, but one that needs some normal maintanance and upgrades is doable.

There are strategies to get around this/reduce SE tax, but all involve proactive planning. 

For instance, when I find a potential deal, I'd love to have experienced eyes review it (I know my rookie eyes might be blind to some key insights).A bit about me: I'm 24, working as an aerospace engineer at Boeing with no debt and solid savings/investments set aside.

Driving for Dollars - This involves driving around neighborhoods looking for distressed properties that might be good wholesale candidates.