Partnering on a House Hack

[Nate Ramos]

Hi Everyone! I am considering partnering with a family member on a house hack this year. However, the family member will not be living at the house with me. I am curious how I might set up this partnership with the understanding that I will be doing most, if not all, of the management but also realizing the decrease in cashflow due to me occupying a unit. Would love to hear if anyone has done this before and how they did it, as well as any general options we could take for setting up this partnership.

Thank you so much in advance and I look forward to connecting with you all!