I'll update with how things go.

This would involve an agreement with your partners and a formal transfer of ownership, typically through an updated operating agreement.2.

Update: We ended up backing out of the commercial deal, way too many issues going on and shady practices that we were not comfortable engaging with.Now the question is what to do with the chunk of money left after we pay taxes.

@Albert Aitov   Give us an update please.

Here's a little update: I've joined multiple investing groups on Facebook in hopes of attending meetups and finding property listings.

I got lucky that the tenant wanted a house in my neighborhood to keep kids close to their schoolsHouse was listed for 1750, they offered 2250 but I declined , so they offered $3k, ended up renting the house for $3250 ($250 pet rent) per month, for 3 month, open to extension if needed.I met the tenant and did the background check on them, I felt comfortable renting to them THD takes time with approving the property, but they were quick to approve the lease, and they sent me the checks the next day after lease signingMy house is not furnished, and they were ok with that , they actually work with a company that provides furniture for the tenant, and they coordinate the delivery and setup of furniture on the lease start dateOverall I like the experience working with them , but hey today is day #1 (out of a possible 3 months), so I will update this post if anything wrong happens or if I notice any red flags

Newest update is that the buyer is threatening to sue and place a lien on the property.

The home was remodeled and updated.

Do you have any updates from your PadSplit journey?

I’ve included a draft of the updated lease agreement and if anyone has any feedback on it.