I am a CT based investor, flipper and property management company owner.  

Maybe you help manage the property for them for a small %, or give sweat equity for small cosmetic renovations?

This will save you time and effort, as you won’t have to travel long distances to manage different properties or handle tenant issues.For your first investment, I suggest starting with 2-4 unit properties.

He get's principal and simple interest payments over a number of years.I'll manage the deal and the property.Looking to create a proforma for this that would fit a typical rental analysis but insert the detail of having private money cover the DP.

With your background as an electrician, contractor, and project manager, you have a unique advantage in real estate.

It’s been a while, but I finally managed to get back into the BP forum—great to be here again!

I don't want to bite off more than we can chew with managing a full reno while we learn the ropes. 

Maintenance is one of the biggest challenges, maybe even #1, in the Property Management industry.Seems maintenance is, Never Fast Enough for Tenants, or Cheap Enough for Owners!

Try interviewing at least three managers.1.

Quote from @Josh Otero: Hi BP community, I know you've got some crazy tenant stories and I want to hear it.I'll go first:1) I was managing a 5 story apartment building and a dog fell off the 4th floor balcony because of the owner not paying attention.