@Manthan Patel Whether to use a property management company is truly a personal decision, so it comes down to you and how much you value your time, how much you want to be involved, etc.

This could involve a right of first refusal for the other party, buyout terms, and a method for determining the sale price.Rental and Use: Define the rules for renting out the property or parts of it, including how income and expenses will be divided.

It’s designed to capture all relevant details, including hours worked, descriptions of tasks, and the specific nature of the involvement.

These are individuals who are already conditioned to take on greater risk with the hope of a higher reward outcomes and will be attracted to the potential of syndicating real estate deals.Despite the greater risks associated with their current professions, I am sure most if not all are involved in businesses with  greater than a 2-3% success rate.

Sounds like there might be some more facts of the entity structures since you imply a k-1 will be involved but only reference ownership of property A.

I’ve looked at investments from the sidelines for a while and am ready to start actually getting involved.

Does changing my piping involving pretty much making me redo like a third or fourth of my renovations for bathroom and kitchen due to all the cuts they have to make or can really good plumbers just make minimal cuts into drywall, cabinets, etc.

My wife’s condo is now worth 300k+ and we are looking for a strategy to pull cash out for a new deal that involves potentially putting her condo in an LLC.Should we create an LLC and do a cash-out DSCR loan?

While I’ve been involved in much of the process, and I know Hawaii’s rules, regs and other intricacies well, I have never obtained investors, never signed contractsI and never opened escrow so I feel like I’ve been more of a spectator… I’m basically starting from scratch and I’m a bit nervous. 

If you're already that involved, it sounds like you're ready to take on more.I'm different than most.