Hi Aidan, when you first started you can create your partnership agreement per deal depending on what your end goal is for the property. 

He has a staff of 3 or 4 assistants to handle the details, and his break even every month is $30K. 

Is anyone still active in the Houston Area?

The absolute best way to avoid taxes is not earn income.  

I'm looking to lessen the load of work and concentrate on my exit strategy sometime within the next 10 years if not sooner.

My spouse and I moved to Ohio last year and we're currently renting in Akron, with the goal to househack by the end of the lease, or sooner if we find the right property.

MAREI's still here, we meet at the Double Tree on the 2nd Tuesday of the month from 6 to 9 and we have a meeting after the meeting.1st Meeting is FREE.We have generally 100 in attendance.Come out and check it out, join our community -Next meeting is February 11th, 2025

I have spent the last few years working in the Pre-Fab ADU space and now working with a company called Live Near Friends and help people buy real estate with the purpose of living closer to the people they care about. 

I could get the same or higher overall ROI by putting my money in an index fund which is 100% passive.Deal #2This seems like a good deal to me at the asking price.

Norfolk is where the majority of multifamily inventory is located, Virginia beach is zoned much more single family.