Definitely would need something on paper backed by lawyers, it is a business at the end of the day. im trying to collect as much information as i can before making any decisions, thank you 

Resident homeowners aged 65 and older or disabled can receive a $50,000 exemption against fair market value.In North Carolina, residential real estate is also taxed on an ad valorem basis, with each county administering assessments and collections.

- **Property management**: If you plan to hold the property long-term, it may be worth hiring a property manager to handle maintenance, rent collection, and tenant issues, especially since you’re out of state.### 4.

This enables me to collect points and travel for free.

If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.

Hey Timothy,First off, kudos on your infill development successes... that's impressive stuff!

If you don't do the homework, you will give them the impression you may not be up to doing the homework with real estate investing.

.- Tech-Driven Operations – Using property management software for things like rent collection, maintenance requests, and communication has made everything smoother and saved a ton of time.- Curb Appeal & Upkeep – First impressions matter!

They told me to collect the fee up front which obviously I cannot do.

You can do this in two ways; leverage a percentage of the cash flow and collect dividend then add active partner through dividends, or traditionally sell interest to an active partner.