Google "fannie mae california deed of trust pdf" or "fannie mae fixed rate note" or similar and you will find samples of standard conventional loan paperwork.  

If you are showing and finding the prospective tenant and they are just assisting with paperwork, it might be cost effective.  

We were essentially breaking even for those nine months.I have a friend who got divorced and rents out her house (2bd./1ba.) in Seattle for $2000/mo. and rents a studio apartment for herself for $1300.

This essentially cross collateralizes all your properties.3) You could 1031 up to a more expensive property.4) You could take a HELOC (Home Equity Line of Credit) and use those funds.

But my contracts state the duration of my leave so I'd have that paperwork to present if ever necessary.

So essentially, it would be the whole duplex under one roof.

The unit is fully paid off and is currently rented out, does anyone have any information or tips about the excise tax paperwork for King County?

Sacramento is projected to be the #4 hottest metro market in the nation this year with 7.2% appreciation.So that means the $350k property you purchase today will be worth ~$375k a year from now, essentially putting an additional $25k in your pocket, more than $2,000 per month.

Sooo ive been thinking for weeks how could i get my money on some cash so i could invest it into a small apartment 5-20 units i have about $20-30k to invest but from reading and listening to you guys thats just goin to cover the paperwork so i was thinking.

Texas has a very large protection statute for your home, which would essentially shield your investment; in other words, if this person did sue you, and got a large judgement which you could not reasonably pay, you would declare bankruptcy and wipe the debt.Of course, if you truly believe a lawsuit is imminent and will be pursued, you should absolutely consult an attorney.