I did this once using FHA on a Fourplex in Provo and it was a great investment.

How did this partnership work?

What made you interested in investing in this type of deal?

Not sure if Hawaii did the same thing in the lahina fire I know when I was there right after the fire ( Honolulu) I read in the local paper how the locals were getting offers and were offended..

Once you offer a compensation such as this, it could be expected.

This is great feedback @John Warren !

Hey Paul,This is a great question, and it’s smart of you to dig deeper before trying something like this.

I need to buy a home insurance of $154.If I rent this home for 2,200 per month. 

Our primary goal is to retain as much equity in our properties as possible while leveraging outside capital to scale faster.Proposed Investment Structure:Investors contribute 30% of the purchase price and 30% of furnishing/rehab costs.Our LLC secures a new purchase loan in its name only, taking on 100% of the debt.This structure allows us to maintain 70% ownership of the property.Properties will be actively managed to maximize returns, likely achieving higher upside than long-term rentals.Proposed Compensation for Investors:6% preferred return annually.After the preferred return is met, profits are split 75/25 (with investors receiving 75% of profits on their portion of ownership).Profit Calculation:Revenue – Operating ExpensesExcludes mortgage principal & interest, as our LLC assumes full responsibility for the loan.Looking for Feedback:Is this structure fair and attractive to investors while ensuring long-term alignment?

I read that you can only do unlimited STR in hotel/motel zones.