<prompt> Human: Im just curious as to the process of buying a home, want to find something relatively cheap and fix it up with friends so that we can either rent it out or sell it for profit somewhere down the road. There are 4 of us whom are going to split all costs evenly amongst us. We are all employed with relatively good paying jobs above minimum wage, but the jobs are hourly. None of us have any other payments besides two of us have credit cards. So before I look anymore at houses let me know what I should look for and what advice you may or may not have.  <response>: Dont go into business with friends. 