Technically you are talking about a "syndication" where you are the general partner who does all the active managing of the deal and your friends who would be limited partners and completely passive.Probably too much hassle to do for small deals and for small amounts of investment money.

I dont know your actual address but if in Austin then technically yes you would need to get a permit.

You are working with a broker - OK, Yes, they can technically have two files running at the same time but shouldn’t do that in the wholesale side again because it’s just out of respect, and two it sounds like this may be a float vs lock situation?

you will want Handyman insurance, and as @Glen Morrow stated, you will not be allowed to pull permits, per state law, you would need a contractors license to pull permits, and technically to do work on a 1-2 family dwelling. to get the license you need to complete a 12 hour training, and pass a test, and have appropriate insurance, Quite expensive insurance at that.

The contractor and materials need to be paid for and you are technically on the hook for that since you benefited from the installation.

Yes, he is technically required to send you a 1099-MISC for rent, but it's not a problem for you if he does not.

You could get into technical sides of things, like how to imbed and track pixels from ads through to lead capture forms, email click through rates, A/B testing, open rates, conversion rates, lead acquisition costs, customer acquisition costs, headline/subject line writing, etc.On the persuasion side: The Catalyst by Jonah Berger, The Jolt Effect by Matthew Dixon, but there are also countless sales training, sales psychology, influence people, type books out there.

Yes those are technically operating expenses and should be accounted for in the NOI.

Just make sure you ask your lender and tell them in writing you're doing that - they can technically call the note due (both my lenders said it was ok to have the title changed to an LLC) but this doesn't happen often.

There are “synthetic” products that can be created which track similar to interest BUT are TECHNICALLY not interest.