But you have your health and your family....you can replace everything else.

While I’m willing to have joint properties going forward and look forward to building our financial future together I will be getting a prenup before we tie the knot.

This is because the financials of the condo project will directly effect the value of the real estate as a collective, as compared to just your financial health on other types.

Note that if you are married filing joint, only the spouse who is qualifying for REPS is able to count their hours.Step 4: Apply the quantitative testsPer Section 469(c)(7)(B), in order to qualify for REPS, you must meet both of the tests below:750-Hour Test: If you materially participate in a real property trade or business, you must spend 750+ hours during the tax year.More Than Half Test: You must spend more than half of your personal service hours in the real property trade or business in which you materially participate.Step 5: Material participation in rental activities Just because you qualify for real estate professional status does not mean that your rental activities are automatically considered non-passive.

Alternative options include offering a significant down payment, a lease-option agreement, a joint venture, or a deferred closing to align with John's timeline.

I don't like mixing the two - it can get messy if he stops mowing due to mechanical or health issues, etc.

So are there reports that I can ask which can tell me the financial health of the company?

@Andrew MaturanaTo gain a competitive edge in the hospitality industry, explore creative ventures, Triple Net investments, house hacking, syndications, joint ventures, and leverage business acumen, networking, and resources.Good Luck!

Best do Joint venture with an experienced investor and then slowly get independent is a good approach

There are NO institutional investors that will jump on this kind of deal, but you can maybe find a private lender or do a Joint Venture (equity split?).