A fairer allocation of risk here would entail your partner signing for the loan and your providing the collateral. 

This entails building personal/working relationships with people successful in the field.

This entails building personal/working relationships with people successful in the field.

However, just before work was scheduled to start, the foundation company informed us of severe, uncontrollable settlement issues that made repairs unfeasible.Given the significant delays and additional costs this would entail, we made a quick decision to sell the property to another investor.

then, ongoing discussion entails, and either the most persuasive responders share their knowledge or the whole discussion fades.

Great way to get started as you learn more about being a Landlord and what it entails.

Outsourcing to a property management team suits those lacking time or desire for involvement but entails costs and relinquishing control.

But…..to be fair, he knew what the work entailed, he set the price with no counter from myself, and it went to plan.

That's recipe for disaster / bankruptcy.In those markets, you may find something, but it'll likely entail a significant rehab to bring it up to Airbnb rental standards.

@Barrington Smith I'd be happy to walk through this deal in more detail via phone of webinar if it would be helpful, but at the surface I have the following thoughts:- I'm unsure what T5-0 entails, I'm assuming its some kind of mixed use.