I am a huge advocate for people respecting the business we are in (this means taking the time beforehand to mentally prep and equip yourself for the great real estate journey you are about to embark on).  

So I am out in NJ and looking for investors in what deals that I am embarking on out here can I put some of you on my list as the go to investors??

Our business plan that I wrote before embarking on this journey already covers most of what the operating agreement will address.

I am planning to embark on my real estate journey in Atlanta and discovered this community through a recommendation.

Hi All,I am embarking on my first flip to hold in Brewerytown PA.

As I start to embark on my real estate journey, I will start acquiring more houses...which means more papers.

Honestly, it's too bad that the operating part of your dad's business does not carry with it some residual value of some sort with regards to that commanding a sale price.My hunch would be that this would be far too risky to embark on as a first go of things.Especially, from what you're mentioning this may have a large impact on the quality of your dad's retirement.If you have the funds and can structure something, the place to start would be to engage with an A/E firm to get a cost estimate generated for a concept building like you're mentioning. 

Any guidance is greatly appreciated as I embark on this journey.

Best of luck as you embark on your REI journey!

I am just now embarking on my rental real-estate adventure.