That will remove friendship from the partnership.

You will end up with resentments and lose your friendships.

Looking to expand my connections, friendships, and business partnerships.Hi, Im Demarcus 24 year old young professional.

This is a low income property.Acquired at $18,500.Rehab should be 5-6k.Arv 35k.It’s an older home with good bones.Updated electrical, plumbing, hvac.Not the norm for this area.Paid cash.My wife is headed back to TX, so coordinating everything will become much more complex from this point forward.A great friend of mine is handling 90% of the repairs.Most are cosmetic, floors, paint, appliances, doors, etc.Hopefully that works out.I told him if at any point things are interfering with our personal relationship, let me know because our friendship is more important.We’ll see how this turns out.I’ve heard it 1000 times, don’t mix friends/family and business.I guess I need to see for myself.Plan A is to rent to section 8, as a 3 BR.This is the tricky part.It’s technically a 1 BR, 2 BA.However, the attic has been converted to living space (2 large rooms).The rooms are adequate size for BR’s however I’m hearing that they won’t meet conforming standards for a BR.The rooms have the sloped ceiling and no closets.Plan B is to find a conventional renter.Plan C is lease option.Plan D is conventional sale.Regardless, I’m comfortable it will cash flow.If I can get a section 8 renter, as a 3 BR is will cash flow nicely!

That neighbor has harassed my tenant from day one, and has continued to try to establish a friendship which she has expressed multiple times she does not want.Thanks!

This personal investment could come through a friendship ("I like you and want you to succeed"), through a common business enterprise ("We work for the same company and I want this company to succeed") or even something less tangible ("You remind me of my son and it makes me feel good to help you").- A coach charges money -- this isn't to say that the coach doesn't have some vested interest in seeing you succeed (regardless of the continued payments), but it likely means that the coach makes some/all of his living doing this and can't afford to just give away his time.- There is absolutely nothing wrong with either model, assuming you get at least as much as you pay for (if you pay more than the value you get, then there's an issue).

That's one way to ruin a friendship and guarantee that they won't help in the future.

. - if you find someone you want to maintain friendship with and learn from then I'd do whatever it takes to add value to their life.

It sounds like you ended up finding some quality contractors to finish up the job though.From my experiences, friendship and business don't always work out for the best. 

Many good friendships have been destroyed going into business .