What challenges did you encounter in fund formation, compliance, or deal structuring?

Hi Rick, First of all- congrats on diving in and your BRRRR deal going well! 

If anything goes wrong, the entire deal comes crashing down.

You can contribute by finding deals or managing properties in exchange for a share of the profits.Lease Options: Control properties without owning them by renting with an option to buy, and potentially sublease for profit.Owner Financing: Buy properties directly from sellers willing to finance, bypassing traditional lenders and often requiring less upfront money.REIGs: Join real estate investment groups to pool funds with others for property investments.For a more hands-off approach, investing in turnkey properties in growing markets with minimal upfront investment would be ideal (like in the Southeast and Midwest of the country).

I've made many connections and learned a great deal just listening to people and learning from their experience. 

Considering your situation, I would try to find deals on Facebook, saved zillow/realtor search notifications, etc.

I want a spreadsheet that will track my returns over the lifetime of the deal.

Need value add deals in DFW

The pet thing is something that will be tricky to navigate and it may be something you have to deal with at first, however, moving forward set your own rules to your liking.

Appraisals are backed up and on the right timeline of investor deals, every day counts when you need toBeef up the appraised ARV to get a healthier LTV.Hope this helps!