We have the most activity and most frequent groups (1 main meetup and 3 subgroups each month).

With this person having a close relationship with WWC, seeing him at the office frequently, and knowing WWC lawyer that uses these Bare Trust Agreements.

Do you frequently require subcontract and vendor engagement (lawn care, snow removal, building maintenance, management company etc.) and if so, do you sign contracts and require that you are listed  as additional insured on their insurance policies? 

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

You won't have to pay tax and recapture of depreciation.But still, for cashout refi you still have to pay interest to take out the proceeds and also pay closing costs.Can anyone educate me if I am getting this wrong?

As Nate said, one of your options is to take over the property completely.Another option is to educate your partner.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

If you look through some of the posts on BP, you'll read many stories, specifically of investors from California and NYC buying cheap properties, frequently in the Midwest and South who have lost money.

Though, it's been a far better education than any book or course on real estate.