This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that it can be alot of work (and a full-time job if a person is putting in sweat equity).

Point noted about not being able to underwrite without seeing things in person.

Will you need the equity in your primary home for any future personal expenses?

The units are ready, but due a personal situation I only want one.

However, he asked me to sign a one-year Exclusive Right to Represent agreement, as presented to him by his brokerage.His interpretation is that it applies only when he materially assists me, but I think the boilerplate brokerage language he was given reads much more broadly:"If during the term of this Agreement Buyer enters into a contract for the purchase of Property through the services or efforts of the Broker or Buyer’s Brokerage Firm, or by or through any other persons during the term of this Agreement" (emphasis mine).My concern is that, under my interpretation, if a fellow real estate investor wants to unload a property or if I get pointed to an opportunity by a former agent, colleague, or friend, this agreement could create an obstacle to moving forward with the deal.In the end, I didn’t sign.

The feedback seems a bit general or maybe you just condensed it for the post...If not, I'd personally have a chat with your agent about what they are asking in those follow-up questions and hope they are assertively making those follow-up phone calls with your showings.

I am sure he has come across this plenty of times.Hey Jonathan, I appreciate the vote of confidence, but I've only ever bought and sold trailers that come with the land, so I'm probably not the best person to ask.

If the LLC is the maker on the note, there's a good chance you'll be required to personally guarantee the note.

Keep it short and respectful of their time, and offer to meet in person if they’re open to it.Join Tacoma-specific Facebook groups.

Quote from @Zach Howard: I think it's probably better to hold real estate in an LLC than in my personal name.