The building will offer short and long-term lease offices as well as conference room rentals and other rental-type amenities.Also, my sister wants to partner with me, so we had originally planned a two-member LLC.The local bank I use said this arrangement won't work if I want to get a 10% down SBA owner-occupied loan, because the ownership of the business leasing the building has to be the same ownership as the business buying the building (meaning I would have to be 100% owner of both - no partner).

We immediately contacted Erin to set up a meeting (this was during COVID lockdowns with no open houses) and arranged to see it that day.

.• Post-pandemic, tenants are expected to maintain an emphasis on both work flexibility and wellness for employees, including modified in-office work schedules, continued work-from-home arrangements and access to greenspace and outdoor workspaces.

In my state of New Hampshire they have ruled we ARE allowed to file evictions and I started one with the help of a more experienced associate about a week and a half ago and the initial paperwork put the living fear into my tenant and he paid what was owed and we made arrangements for this month.

Can you explain the NNN lease arrangement a little more?

A conceptual question for you:From the point of view of a capital partner arranging a partnership with an investor who is getting into the game and will do all the hustling and managing of the business…how would you propose a cash flow and equity split under the below two scenarios?

Any advice/tips on how to structure or document the arrangement?

One possible arrangement might be for them to serve as the trustee for a land trust with the minor as the beneficiary.Honestly, though, I'd recommend you spend these remaining months getting as well-trained and knowlegeable as possible in your chosen real estate specialty, and then hit the ground running the minute you turn 18 (assuming you don't live in Alabama, Nebraska, or Mississippi)!

This whole arrangement would be a major conflict of interest. 

I’m not afraid to serve notices to quit or anything else needed if payments aren’t on time, or if I’ve made an arrangement with a tenant and they break it.