@Amit Barman You need to speak with an attorney to draw up a partnership agreement between the two of you, that spells out how you will take title, and how you will split the proceeds of the sale.

This and so many other scenarios must be spelled out clearly in the LLC operating agreement.Then you route the operating agreement to all initial members to sign.We included voting rights, how that changes upon death of one member, rights of the heirs etc.

I mostly share it just because it does spell out some more of the pros and cons-https://www.biggerpockets.com/renewsblog/buy-rehab...Keep in mind, all turnkey experiences will be very specific to the turnkey providers that you work with!

Thanks for spelling CapEx correctly for me as well!

Are you helping homeowners Make it easy to spell - you would not believe how many entity docs I review with misspelled names, which could have implications on your claim to titleThink about an email alias - you want it to be short and sweet.

That should have all been spelled out in the purchase contract.

But, I am very selective in who I partner with, all aspects are clearly spelled out in the Agreements and I wait until everything is in place before making an offer on a house.

The bank has even invested something like 50 to 80 times the monthly rent in renovating the part of the building it has rented to meet its spec (to me this spells commitment) . 

Red Flags that come to mind.Using a google phoneaddress did not come up on googleMis spelled words on emailsNo official company websitehope this helps!

Does your lease clearly spell out the total scope of yard maintainance expected from the tenant?