Ideally minimum 500 units under ownership/management.

This is our first time renting out our home on Furnished Finder/AirBnB so we would appreciate getting off to a solid start with the proper lease and ownership structure such as a new LLC for the property.  

With a Special Warranty deed they can only hold you accountable for title issues that happened during your ownership of the property.

So, since the property ownership is a 50% split between the both of them, then whatever is the net profit after the sale is completed, only 50% of that should go towards paying the lien and the other 50% should go to the other seller.

Jamiek,VA is a great tool for home ownership and for making the move into REI since it offers 100% financing.

So I was out of the $50,000 note and no longer had ownership of the lot.  

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Just need a good GC contract that you can enforce if they dont perform.. pretty simple at that point and frankly much safer for you not to give the GC any formal ownership at all..

This document outlines the ownership and operation of the LLC.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊