I am confused on what you are asking, I assume he is 20% owner of the LLC in which owns property #1.If you want to buy a 2nd property without him, simply buy it under a different LLC.

I've heard Simply Safe advertise a lot on BP.  

However, If your goal is to simply increase bed count, maybe adding bunk beds in one room and keep a king or queen in the others.

New to DFW and I would love to hear your advice.We concentrate on buy & hold, typically 150K - 200K PP, at least 1,000 sqft.In which areas do you think we can enter the market?

I don't have a credit card for each property simply because I didn't set it up that way - I could have but just didn't.

I think many folks getting established simply may not have the cash.

Simply put, they want someone local that is going to be responsible for the property.  

This is thinking with your STR hat on.But as VG Jason says, if you think about the property simply as an Asset, then you will want to add another bath...

But might be able to apply.If you are buying a property simply to fix it and sell it then a 1031 exchange is not allowed. 

@Spencer CuelloSpark Investment Group generally does 506b deals open to sophisticated and accredited investors. 506b rules require syndication sponsors have a relationship with the investors prior to entering into any investments.