I wouldn't suggest you buy a single-family home to live in because the additional cost outweighs the benefits.

It's super frustrating when you work with investors every day, and the common refrain is I want to buy a passive turnkey property, but it must cash flow.

A little background about me, I have just over 200 doors in my current portfolio and our company manages just over 250 doors for third party investors in addition to those. 

If the latter, depending on the jurisdiction, YOU may need to be a licensed real estate agent/broker to engage in what’s commonly called “wholesaling” but is actually “flipping”. 

Hello, we have a. apartment complex in LA County and want to install security cameras in the common areas.

It is not illegal as long as they aren't hidden and aren't in bedrooms or bathrooms...I have two in the common areas.

It is common area and I assume you excluded it and would be entitled to be a guest of your son.

Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.  

Some offer it as an additional rider for more money.

Additionally, we’re integrating trade-focused businesses (e.g., plumbing companies) into the organization’s ecosystem, creating another revenue stream that complements the housing initiatives.Paying Back Investors:Investors will see returns in two phases:Early Phase (5-10 years): Focus on cash flow from rents, property flips, and other high-yield projects to generate liquidity for investor payouts.Long-Term Phase (10+ years): As the endowment scales and stabilizes, surplus income from the portfolio will be used to gradually buy out investor shares.