We own and manage quite a few in that zip code and have had great success. 38109 on the other hand is a very challenged zip code so it makes investing tough.

These are really questions for your attorney - the more typical scenario for a jv like this is you have a new LLC where you are the manager of the LLC and the investor also owns a percentage of it.that way you don't have to deal with transferring it etc. 

That's what these hands off processes are all about, not generating a sound investment opportunity for you.

Hey @Marc Shin, hehe like @Bruce Woodruff said, you are single-handedly increasing the topics for searches!

But we were hands off for close to 3 months and put our trust in their process.

I would also invest in a handful of Syndications that are steady and boring as opposed to the flashy ones.

Applicant credit scores should be treated with a high level of care and should not be handed out when they aren't assured that you are locking them up and taking due care with private and sensitive data.So, many places, including the screening company we used for years before moving to a PM, provide a suitability score rather than the actual credit score. 

Hey EvanI prefer hands off but I know that 2 heads are better than one.

@Daniel Johnson Hi Daniel, I just moved from Ontario to Nova Scotia and transferred my real estate license to NS, my wife and I are investing in Nova Scotia, and would love to help you out with your short term waterfront rental project, you can message me anytime. 

The BRRRR strategy is doable for a newer investor, but it requires a lot of effort, consistency, and hands-on involvement—it's not exactly a passive way to invest.Whichever route you choose, if you're taking on the bulk of the work to analyze deals and select the best ones, it’s important to ensure your partnership reflects the time and energy you’re putting in.