Also, consider creating a JV agreement for the specific opportunity you and your new found partner decide to pursue!

Educate the land owner on the potential profit run the numbers and go over the basic proxy and blue prints.Make sure you have a seasoned and qualified Builder/GC because they can be a deal killer with wasted time and inflated material and extended completion dates.

The lender may then require your co-signers to be owners of the LLC, but not necessarily.

They at one point had a guy working for them that honestly turned us off and we decided NOT to invest at that juncture (he is no longer there)... only to reconnect with the team and began to work with them in a fund closing in early 2022.

My partner will be moving with me but I will be the owner.

I think it is always a good idea to interview a few different PMs and ask for referrals of owners they are currently managing properties for to see if they are satisfied with their PM.Thanks Jake

If a property is on the MLS but you're not sure if the listing agent is being truthful or passing along your offer, can you use Propstream (or something that others recommend) to mail, email, or call the owner directly with your offer?

If none has been set up yet, it may be urgent, depending on your situation.Reimburse the owners for business expense.

I’m trying to weigh my options, and could use help to decide the best path forward. 

Then reno will begin and the owners are all being bit will be assessments.