There are also several funds out there that provide high single digit yields that are low risk. 

He has been alongside me on the other deals so I’d like to give him equity/skin in the game and I don’t know how else to do itQuote from @Basit Siddiqi: Getting a property with a partner / friend will not help you from getting hosed on taxes.I wouldn't move forward - You mentioned beng a high income earner so your hourly rate is very high.

@Jay Hinrichs which BTW, 6% is high.

You can find us online.Current Ideas: Video Series on Passive Investing in MHC, Tax Benefits of MHC, Investing through 401k etc. 

Additionally, they should be helping with taking video walkthroughs of the location and the property, estimating renovations/scope of work, helping you learn neighborhoods, building your real estate team, etc.

I made some videos on the renovation and overall process - happy to share those with you and answer questions about my experience.

Diversify your portfolio by investing in high-appreciation and cash-flow markets.Good luck!

Many are run by fake gurus who are just repackaging stuff they found on BP and repackaged as a get rich scheme that they sell by showing pictures/videos of people partying on a beach and things like that. 

We have had to walk away from some decent deals because rates were too high to make the numbers work.

I'm looking to identify a builder with the following characteristics:1) Eager to grow his/her company and reputation in the market2) Has produced at least five high quality builds in Arizona which are at least 4K sq ft  3) Has proven track record of completing builds in a timely manner4) Personal capital to allocate to projects (optional, but ideal)Please reach out to me if you or someone you know might fit these criteria. are you set that you want luxury?