Or you can sell it, split the equity, and go separate ways.I'm not a fan of borrowing from family/friends unless all parties are honest and everything is documented in a written contract.

Another good strategy is to connect with a local property manager that does real estate sales, or can refer to an investor-friendly agent. 

I just recently started a jiu jitsu academy with a couple of friends, and although I was not in the day to day grind of the process in finding a building and building the space out, I did become fascinated with the process.

Brokers are your best friend as we have the entire industry at the palm of our hand and usually save you time & money.

Yeah I have some friends that have properties they hold in New Orleans and have heard the good and the bad.

Quote from @Andrew Steffens: Sorry about your frustrating issue - Airbnb is not only guest friendly but most of the time they will be the one paying for damage so they are going to try to minimize you. 

Your relationship with an investor-friendly realtor will be crucial here.4.

I have always been fascinated with Peoria, though I’m not sure how investor friendly Illinois is.

I’m determined to make this work not just for myself but for my family and friends.

One of my close friends in the busines had a similar setup.. her husband was also a contractor, and together they tackled a fixer-upper that ended up netting them a solid profit on their first deal.When you’re hunting for the right property, I’d lean on a realtor who really understands investor math... someone who’ll help you break down potential cash flow or resale value.