Diversification and long-term goals should guide your decision.This post does not create a CPA-Client relationship.

Your story proves that being in the game creates opportunities you can’t plan for.

Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

(currently  I have been sending my investors a 7 question survey to fill out for their criteria)My goal is to build genuine, long-term relationships with investors by creating opportunities that benefit everyone involved.

With a background in residential real estate, I’m eager to expand my knowledge and build connections in the industry.I’m especially interested in networking with like-minded professionals who are passionate about creating value through real estate.

The wholesaler created new terms with the tenants and the wholesaler plans to hold it so that the new loan gets seasoned, before selling the note.I opted not to get involved and have started my knowledge building into private lending.

Any suggestions I appreciate in advance.Worst case, I'll just create something for him and walk him through things as he goes, but I'm thinking, why not document it for us both (no plans to publish or anything though)!

You might have a good reason to create one, but it's almost never for tax reasons."

I do have folks that don't book because of that.That is a good thing as not understanding the distance to get places will create bad blood and cause those 2 and 3 star reviews which no one wants to see.Like @John Underwood, our place isn't cheap so we don't get the folks that destroy places.The bottom line is that you are renting out an expensive asset to strangers for 3-10 days or whatever.

If you want to avoid partnerships, bring them as lending partners vs equity partners.This post does not create a CPA-Client relationship.