This essentially means that, during renovations, he has the opportunity to bring himself all the way up to 50/50 partners with me, or close to it.What does not sit right is that I have created this whole opportunity and would like to feel compensated by retaining significant value in the project rather than opening the doors for losing 50% of my investment when I am certainly able to do it on my own.

Essentially, I am looking for a strong market where I can duplicate my business. 

Finding the right, established team can be tough in itself and no matter how much due diligence you do there is a "leap of faith" element.

But even here, if the buyer and seller are dealers ("flippers"), then money damages could be awarded.My reading of the Lawler decision is that while the trial court found the Plaintiff had proven his case and did in fact award specific performance, the appeals court disagreed and found the buyer/plaintiff did not allege and did not prove he was ready willing and able to close (an essential element of seeking to enforce the contract) and therefore was not entitle to specific performance.

Hi Tom, Navigating the arrangement between your onsite manager, the third-party property management company, and your LLC can indeed be a bit complex, but it's essential to ensure everything is structured correctly for smooth operations.

I’ve pondered buying a cheaper 100k rental cash to essentially fund a personal home mortgage if I could find one.

Not sure if there is way to 1031 exchange the funds from the old single family home rental if I do sell it into the townhouse and essentially buy it from myself into an LLC. 

Yes this is what I was talking about essentially. 

What are the essential metrics and formulas you use to analyze potential deals? 

I’ve pondered buying a cheaper 100k rental cash to essentially fund a personal home mortgage if I could find one.