For example, Pennsylvania has numerous laws that apply when a seller sells a 1 to 4 unit property.

They can be good for elderly/disabled people who don't have to lift heavy wet clothes to transfer them from one unit to another.

I’m excited to get my feet wet in the game and hopefully this time next year, I’ll have a few experiences under my belt!

This is our first call to a park owner,so it was a good exercise to get our feet wet. ive been mostly buying mobile homes in the L.A. area and am planning to acquire a park in the next year.

I am looking to get my feet wet in real estate and found a property that is in need of renovations in western PA.

Arrangements like the one you suggest (where the agent gets a share of the revenue or an equity split) are way outside the norm, and outside the scope of a listing agreement - you'd likely need an attorney to draft such a partnership or JV, you may need affiliated business disclosures and other documents to comply with numerous federal laws, and these are not deals a real estate agent can necessarily enter into without their broker's awareness and consent.

This will virtually always eliminate the section 8 tenant.In summary, I suspect there are numerous ways other than source of income to not select section 8 including having high end units with rents higher than FMR, using move-in date as a criteria, etc.Good luck

I actually got started in real estate investing right in the area that you in so you are in a great area to get your feet wet and grow.

From there the amount is diminished until you reach 150k in income at which point you lose the ability to write off real estate investment losses against your income taxes.I went over this example numerous times before posting the question as I wanted to try and get my facts straight.

Listen to numerous podcast and attend REIA meetings.