Thanks @Stephen DeFalcoWe take a slightly different approach… We also advise them that they are on the hook for the lease, but instead of putting the burden on them to sublet it, we tell them that we will turn on our marketing and fill it as quickly as possible, and that as soon as we can get someone moved in, they would be off the hook (as it was). 

You’re a family office and/or employ advisers trying to earn their salary and/or investing as 100% owner of a TIC (or JV) and can maintain continuous pre-tax compounding even after exiting a position.

Any advise is also appreciated.Thanks

Way to pay it forward from a guy who taken some tough knocks and knows the game.....I've been doing this too, and I would advise you to choose your mentorees carefully...some people will not do the work and expect you to give them everything.

I would advise possibly looking at out of state investing - I would recommend Columbus Ohio!

@Michael Plaks Check out this forum for a good laugh...single handedly points to everything wrong with the asset protection misconceptions most bigger pocket investors are guilty of.Anderson Business Advisers Asset Protection (biggerpockets.com)

I THINK you’ll find it’s advised to do the exchange afterwards (even though 99% of LLC’s are disregarded so it’s a lending issue not a tax issue.) but if @Dave Foster doesn’t chime in reach out to him in a PM.

So they would be very hard to find them or have them work for you. expecting residential real estate agents to be experts at income producing properties is not realistic and not advised.. if your looking for investment property you should only be dealing with investment brokers .. there are designations for them or resi agents with the investment designation.. 

It takes a bit of time but unless you have some great legal advise and follow it precisely, the promised anonymity is not there in most cases. 

I'd advise to avoid!