I have meetings with my lawyer to discuss partnership contract and acct for the financial piece.Since this is extremely new, I am building a team of a contractor, broker, loan officer, accountant, Lawyer and investors. 

He reached out last night and we have an appointment this afternoon for a conference call with his new bookkeeper to review our account.

If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.

I know the market from first hand experience.Dallas Ft Worth is a fabulous market, all the data says so.

I have $80k liquid in CDs and savings accounts in the bank and a credit score between 760 - 780.

Work currently in the accounting field and I’m a licensed CPA in the state of Ohio and West Virginia. 

Make sure you have enough saved up not only for the down payment but also closing cost, plus some reserve in bank accounts or in other investment accounts!

When you transfer retirement funds into a self directed account you can certainly buy real estate with it. 

Mostly on trade accounts with local businesses for the materials, some business credit cards, some of the contractors were OK with waiting 30 days for payment. 

If there is no agreement signed and this person is just someone listed from the broker's database, I do not believe it is acceptable for the broker to collect a split in addition to the house split.If you are to consider negotiating this additional split, there is a lot to take into account here... what is the % of business that you generate on your own vs. how much your broker contributes?