It's really difficult to find someone who can do it well.You should also get an estimate to take down the lath and plaster and redo it with modern sheetrock. 

It’s a combination of everything.Cap rate should be your metric to make sure you are getting a good deal for the comparable area.The cash flow has to be positive based on your financing and downpayment along with your expected vacancy rates, repairs, PM, Lawncare, insurance, taxes and any other expenses there are for your specific property.It’s all a risk versus reward balance and what you are willing to risk to gain your cash flow and equity.If you don’t mind sharing the numbers I’m sure a few would take a closer look.  

With your combined skills, one very good way to grow your portfolio can be simplified as buy 2, sell one, rinse and repeat.  

How can someone find a trust worthy business partner to combine resources and purchase properties together rather than a one-person show? 

The general rule that I have found is to sell the property if it is greater than 5x the net annual cash flow of the property.The details are as follows:Ohio 2 Bed, 1 Bath, small lot, updated mechanicals and modern floor plan and finishes. 

So you could buy two $40K houses and get a blanket loan against the $80K combined value.Call around to local small banks and ask them if they do portfolio loans. 

His plan in 18 years is through a combination of: 1.

Otherwise, the government is usually a decade or two behind modern tech and it gets ugly. 

All three of these passions can be combined through real estate investing! 

I'd go with 15% combined.