In this case, you would draft an operating agreement that specifies each partner's role—your friend providing the cash and you handling the rehab and management—and that profits and ownership are split evenly.

That’s a serious swing, and I’ve seen something a bit like this before with a friend of mine who tackled a teardown project in a quieter part of Austin.

Best you can do is individually pull title on properties. 

I've Been renting all four rooms in my house out individually for about 10 months now.

I would advise finding an investor friendly realtor when you choose a market.

If you are not attached to the duplex, could be a good time to sell to developers who want to convert to individual condo units.

While I often “trade” properties, a friend of mine is a buy and hold guy.  

From the architectural wonders of Downtown to the tranquil, family-friendly communities on the outskirts, there’s always something new to explore and learn.The city’s constant evolution means different investment opportunities are always surfacing, whether it's the push for sustainable living or a growing emphasis on smart home technology.

Thank you, Do you think families treat the property better than individuals?

I’m waiting to hear back from a city representative to see if it’s possible to divide the lot into multiple lots and put a mobile home on each lot.Once the land is paid off and divided, is it possible to use each lot as collateral for its individual mobile home?