So in summation, you fund the entire deal while he does all the labor (up to YOUR standards) and he is compensated with 33% of the monthly cashflow into infinity.

Use it to infinity, but never, EVER, spend it.

Most municipalities have noise ordinances and those who repeatedly violate the ordinance can have their property deemed a "nuisance" - resulting in fines.2. 

Found the deal through Infinity Investing and Alpine Capital How did you finance this deal?

After experiencing most every strategy in SFR investing, I came to appreciate that my core competencies carried from my pre-RE career are in finance, not construction or property management.  

My life story starts when I got a degree in Mechanical Engineering and an MBA in Finance so I would have a resume that would (should?)

It is stabilized with a bank, insurance company and nine 3br apartments fully leased; I just finished a 6,500sf open span building that I totally gutted and brought to vanilla box with new roof, rooftop HVAC units, new electric service coming to the building, commercial grade LVP over 8” concrete floors, fully ada compliant, all new windows, doors walls , 15’ ceiling… It’s vacant and I am targeting start-up technology companies; a 7-unit apartment building completely renovated and fully leased; 11-unit apartment building that I have not started yet; I rezoned a street from R1 to C3 (not trivial) where I assembled a 8 properties into a 120’x210’ lot where I will eventually build an apartment building; completed Phase I environmental study for entire project. 

Getting a degree in finance, accounting, etc. will go a long way.

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It's still new at only 2 months, but the freedom in finances this allows us is really amazing, and we feel no negatives of having people in our home!