The location is semi-rural and I could not find other foundation experts in the area. 

Are they expecting monthly communication but you want to send quarterly or semi-annual? 

I'm semi-retiring and need to buy properties with cash for buy and hold in the Phoenix area.

My plan was to refi out at my assessed property value to semi BRRRR but the banks appraiser was to conservative to see the value the way I had analyzed.

I've painted my cabinets with Semi-gloss white paint and they turned out nice. 

I'd caution that doing a JV with some "major decisions list" type items in it to skirt the securities issues often leads to a lot of problems when some semi-active partners disagree about the course of action. 

Some bills only come annually or semi-annually such as taxes/insurance, and I break everything out into a monthly amount.

This was from a semi-local community bank in my area.

Hi, I'm a new money investor in RE trying to make some money and learn how the process goes.My partner and I are engineers with good enough salaries, and were thinking about making an investment on a 400k property in NC.I'd be a semi-silent investor: 80k down, negotiating the mortgage (it might be in my name only) and with contractors (but not actually sourcing and managing them).He would be covering all of the rest: 10k down, finding the deal, property manager, selling etc..We are both inexperienced but very motivated and data-driven doing a good amount of research (10+h/week for the past 6 months)The proposed split isequity: 70 (money investor, me)/30% operating (after recouping initial investment) cash flow: 50/50% after operating expenses. 

By the time you retire, you have 1+5 to 6 cash flowing semi-passive rental properties.