I've been active in the real estate industry for over 25 years and have experience as a realtor and mortgage broker.Because I tend to be analytical and organized, it was only natural for me to start building my own rehab repair cost and deal analysis tools when I started purchasing multiple fixer upper properties in the early 90s.

My question is, what suggestions does the community have for structuring such a partnership, where one party brings the funding/analytics and the other is the boots on the ground with little funding in place?

Ok, so I've been debating this all day and I need some help from the community.I have a married couple who want to rent one of my units and they seem very nice, but they have a checkered past with Credit.Here is the scenario:- Apartment for Rent $1500 / Mo- 3 Bed / 1 BA- No kids, no pets, non-smokers- Class B Property- On market for 2 weeks, multiple showings with only 1 applicant (husband/wife)- Wife has superb credit, 800 FICO, no outstanding debt/loans, Income $70K- Husband has good Income $90K, but credit is an issue.  

A funny thing about the audiobook, the narrator is AfAm and the author is white, and the narrator does a superb job when getting the poor black voices.Anyway, even though the author sides with eight families in distress, he is fair to the two landlords.

Superb! 

A few thousand dollars later, we have a superb looking dog and a veterinary wing named after us.I thought I'd mention that because not every dog that is abandoned gets a bad ending.

I love using my creativity and analytical skills and find that real estate investing allows me to feel fulfilled in both these aspects.I currently am working my first flip as I get back into the market and have been researching marketing techniques to help me find my next few projects.

My current employer purchases narrow body aircraft and leases them to airlines throughout the world so many of the economic principles (prudent asset/liability management, active asset management and conservative cash flow management) and analytical metrics (margin/spread analysis, IRR, ROA, etc) translate well to the real estate industry.I’ve been reading books/blogs and listening to podcasts and 2 things have become evident to me: 1 – the more I learn the more I see how little I know and,2 – there is a myriad of ways to find, finance and exit a property.

I believe there are several analytical tools on BP available.  

All in all, I am analytical by nature and refuse to offer what competitors are paying in the area for REOs.