In today's world, to beat the 1% on B class and above you basically have to be direct to seller and get a screaming BRRRR deal.

Pacaso, founded by former Zillow executive Austin Allison, is revolutionizing second-home ownership by letting you buy just a fraction (as little as one-eighth) of luxury properties in places like Aspen and Napa.The concept addresses a simple reality: most vacation homes sit empty 80-90% of the year.

I like the concept of keeping things simple.I would buy the property separately without your friend.It might sound fun doing a business with a friend but a business arrangement is almost like a marriage.One issue that I can see is the timing of sale - who gets to decide when to sell the propertyHow much time will each person spend?

Target a Class B SFR rental and don't try to buy an odd property.You'll have enough of a challenge learning the basics and won't need to layer other issues on top!

You’ve just joined one of the most supportive communities for learning and growing as a real estate investor.If you’re just starting out, our beginner guides are a great place to learn the basics: biggerpockets.com/guides.

Unless you want to pay a premium amount, you'll just get a cut and some basic weed whacking - no edging or weeding.

Nail the basics fast: verify zoning and house-hack rules, lock solid leases for the two rentals, and set written screening criteria before showings.

It is nice you know the software but the concepts are more important to know than the software, so you can read the financials to find what is wrong.

I spoke with my grandmother about this after giving it some thought on my end and she came up with the concept of partnering up with her on the matter rather than my father.

Some folks also use answering services that can screen calls and basically they filter out “my lightbulb is out” vs “my ceiling is leaking.”