When you find a sponsor you like, do yourself a favor and get clear on what your experience will be like AFTER you have invested.Does the sponsor have a communication plan?

Do you plan to transfer the property to the LLC?

and planning to attend meetups while there is another great idea.  

If you prefer to be hands-off with full-service management, then I'd plan on paying around 20% commission as that's pretty common.

Hello BP.As part of me and my partner plan to establish a Joint Venture with an investor, we are moving forward with purchase of a property in JV model.We would appreciate clarification on the following points:1.

Pros include securing the desired property and strategic planning, while cons involve higher costs, financing challenges, and complexity.

How do you plan to manage the properties? 

I would think your plan could work. 

I plan to use BP tools for finding markets, deals and team members.

Thank you in advance and happy holidays to everyone.Denise Most of our out of state investors that work with our team start by evaluating different places and then plan a visit to check out the area.