Many investors choose a profit-sharing model for true equity partners, often splitting profits 50/50 or based on the level of their contribution to the deal, but ensure everything is clearly defined in writing to avoid misunderstanding/miscommunication. 

So to summarize here are some tips for a newer investor looking to househack:1.

A few Facebook groups that I network in have shared that they have colleagues that hired them and were not pleased.

Anyone have experience with this, tips for starting out? 

Welcome to the community and be ready for a huge amount of information at your finger tips.

Makes total sense. 20 years ago Buffet said he did not understand how Amazon was worth even $10 a share. 20 years later he bought some at $1700 a share and said he made a big mistake 20 years back. 

Local real estate meetups, REI clubs, and even Facebook groups can connect you with experienced investors and potential mentors.When it comes to finding mentors, focus on providing value; whether it’s offering to help with projects, sharing market insights, or just being a reliable connection.

Welcome to the community and be ready for a huge amount of information at your finger tips.

I am already doing an analysis...will share it with the community when I complete it.

Welcome to the community and be ready for a huge amount of information at your finger tips.