Also, explain how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.

Eventually, 358 of the homes fell into foreclosure.The following 11 defendants were indicted on mortgage fraud-related offenses including engaging in a pattern of corrupt activity, a first degree felony: Uri Gofman, Tony Viola, Igor Gofman, Kevin Landrum, Dave Pirichy, Dale Adams, Steve Greenwald, George Gardner and James Leoni along with Real Asset Fund, owned by Uri Gofman, and Karka Inc., also owned by Uri Gofman.

So many ways to make your money work for you in this world.Whats your favorite way?

I don't know much about a community but if you have a facebook there is an ulster county investors page which is semi active.

Eventually, 358 of the homes fell into foreclosure.The following 11 defendants were indicted on mortgage fraud-related offenses including engaging in a pattern of corrupt activity, a first degree felony:Uri Gofman, Tony Viola, Igor Gofman, Kevin Landrum, Dave Pirichy, Dale Adams, Steve Greenwald, George Gardner and James Leoni along with Real Asset Fund, owned by Uri Gofman, and Karka Inc., also owned by Uri Gofman.

You’ll need to manage the property more actively, stay on top of furnishing and maintenance, and market it effectively to your target audience.In Cleveland, most tenants looking for mid-term rentals prefer a price point below $2,200 per month.

I have some favorite marketing tips that might help you. 

Even if one partner takes a more active role, both should understand the motivations and risks associated with investing.It's common for couples to struggle if they're not aligned on investment goals.

I was a mountain guide there for 7 yrs. and know of some really amazing hikes, climbs and other exciting activities.  

I am an active duty Navy and have experience in buy and hold rental, multifamily syndications and under writing.