Like @Bruce Woodruff I prefer VRBO guests but I haven't had terrible luck with AirBNB guests.

Here’s the situation (personal details removed):The tenant reached out explaining that they’re going through financial difficulties due to an ongoing divorce and lack of child support.

I would like to have a small portfolio in 2 years.

I see there are like 4 in the whole Valley right now, so I am guessing it was not a great avenue for you...?

@Brittney Yang first red flag is it doesn’t sound like he’s that interested in long term holds but the primary reason for partnership is expertise in renovation and secondary reason is balance sheet and income to help get financing.Regarding reason one, I would offer to compensate him for his time in assisting you and have a very clear scope of what that responsibility is.  

I would have advised you against an LLC, most likely, contingent on your attorney's legal protection concerns.This is assuming that by "we" you meant your spouse.

You’ll face hurdles like maintaining a steady deal flow, securing funding, managing renovations efficiently, and optimizing your exit strategies.This guide highlights key strategies for investors looking to transition from single deals to a scalable, volume-based distressed property investment model.1.

I like the fact that one and a half units pays all bills.

The ability to accept a colleague request has not been available like it used to be so I do not accept colleague request.

See how he likes those apples.2.