The REITs are leveraged, but since I am not legally responsible for the debt, I don’t list it as an obligation.Create an LLC to hold title to the property.  

I can imagine having a broker license adds another layer of responsibility to making sure deals are solid. 

Well, I can say from my personal experience owning only A/B located properties, if you maintain all appropriate licenses, take care of your properties, and are responsive to your tenants its smooth sailings.

Thanks Dion for your response!

I spoke with the title company who is still helping us wrap up the set-up of a servicing company, and she confirmed that they would be responsible for the principal / interest for Nov and Dec, while we are responsible for the escrow shortage balance (as agreed upon).Not sure how it was missed - not my favorite title company to work with.

. - It’s recommended to have clear agreements outlining each party’s responsibilities, profit-sharing ratios, and exit strategies. 4.

Instead, focus on improving your marketing and responsiveness.

I’m not sure which forum you expect responses for the same comment.)

Did ask about specifics they are interested in and after 8 hrs of no response I reported it as spam.

Have a strong partnership agreement that clearly defines roles and responsibilities, profit sharing, exist strategy, etc.