Hi Davis,I live in NC but invest primarily in Greenville SC / upstate with my business partners. 

(You say it’s worth about $100k more than you’re paying so figure an extra $15k.)Maybe you’d be better off partnering with the parents unless they have zero interest?

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

I have about $20k saved up there but I do have a partner who is also willing to go in 50%what are your thoughts??  

If you have any tips, resources, or advice for someone just starting out, I’d greatly appreciate your insights.Some specific things I’m working on right now:Building a strong buyers list.Identifying motivated sellers and honing my outreach.Learning the ins and outs of structuring win-win deals.I’m open to partnering, collaborating, or just grabbing coffee to exchange ideas.

wouldn't bring this one to a partner or anything just satisfying my own desire to get a foothold in a place i like to be.  

@Bob JudgeWe have partners who are foreign investors.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

However, I’m new to navigating such a situation, and I’m looking for guidance on:Collaborating with neighboring property owners to reduce costs and share resources.Structuring deals involving land contributions and joint development efforts.Attracting capital partners for projects like this.I think this could turn into a win-win for everyone involved, but I want to ensure it’s planned and structured correctly.

As for the legalities of setting up an LLC to protect you and your partners, I would consult with an attorney for best judgement.