https://www.har.com/content/ne...Houston Real Estate Highlights in November, 2022:-Single-family home sales fell 30.4 percent year-over-year, the eighth consecutive and steepest decline of 2022 as the market endures economic headwinds;-All housing segments experienced negative sales in November.

{I say this as a data point, while having complete empathy for the amount of devastation and human loss we just endured}. 

If and when problems arise, you'll be happy to have a clear reference as to what all parties agreed to.Once you have your LLC, OA and JV agreement you should now be able to take title into your newly formed company, of which all parties/partners are co-owners in.I have plenty of experience structuring deals similar to this and endured both good and bad experiences.

Rewarding the investor well today will better pave the way for an enduring partnership.

The valuations of your SFRs may have peaked but there are many multi-unit (preferably in non-rent control areas) where rents are way below market because they were self-managed by the owner...we just closed on an 8-unit building in La Habra....current rents are $8,500 a month...paid $1.4mm...but will increase rents through our property management company to $10,00 over the next 18 months (rents were not raised in some cases for 10 years) and that will put us at $1.8mm or so using current GRMs and Caps...economies of scale and no one is building affordable rentals in SoCal right now so this product will endure.

You endure a 12 month pay out of $9600 but probably get that back in principle at some point down the road.  

For wholesaling you have to be approachable, friendly, and have endurance. 

And now we've been forced to vacate the tenants, and endure very costly repairs.

That same strength to endure things that torment you can be used to create a life you will enjoy.

So, watch for external obsolescence in an area, good locations near major shopping areas, good schools or near hospitals are usually a plus that will endure with time. :)