As I have a full time job I'm looking to become a silent partner in a larger investment.

So you have two options: Put down $45,000 for the privilege of spending $1,567 a month (base case scenario at $850 rent per unit), living in a worse part of town, and taking on a part time job as a landlord, or stay in your current rental for $1,050 a month.So, the question is, why are you even considering this?

Unfortunately, that means I don't sell every job since my recommendation is often to walk away from a deal that has been misrepresented, but I sleep well at night... hahaLet me know if you don't connect with anyone.

If you are interested in property management, I'd consider researching who is in your area https://www.narpm.org, so that maybe you could shoot them a job application, but if you already have a nice job, you should probably stick with that.

Also, consider your job security.

They then have another realization that “sweat equity” is actually hard and requires tools, time, and a know-how in order to do the job right.When you’re under contract you’ll come up with a scope of work and budget, submit it for approval to the lender, and you’ll be able to make draws once you’ve closed and started the project.

Repairs done by a professional will be billed at the professional rate.Repairs done by Landlord will be billed by the job or as labor plus materials.

The cap rate is high because the area north of it Avenida Guadalupe scores an F in jobs and F in crime.

With that being said i am looking into jobs that will allow me to be able to own and invest in real estate.

It was a full gut job so I had to do the repairs before I can move in.