All the best, Steven  If you're going to do a partnership or even a joint venture agreement I would highly suggest using a competent lawyer to draft your business agreement.

I don't like the search function.

All told, cash flow will be a function of your down payment and your management of the property.FL tourism continues to flourish. 

We are a small partnership with 4-5 properties currently, but we are growing and hoping to find a reliable lending partner that we can do repeat business with.About 3 months ago, we successfully completed a BRRRR deal where we had excellent numbers, over a 1.25 ratio at 75% LTV, our guarantor partner has an 800+ credit score, and we had no issues qualifying for the loan.

Today’s buyers want spaces that flow naturally and maintain functionality.

They are functional while frustrating. 

Almost every partnership fails and many end like a bad divorce.

They do have a property management function that maybe could assist with this?

The fact of the matter is, when you sell or buy a business, you are entering into a business partnership with the person on the other end of the transaction.Yes, the partnership is limited (partial buyouts aside), but what you will be accomplishing during your time together is significant.Due diligence can take months.

I'm also hopeful to get some local cooperation now that he's claiming partnerships with local government.