You'd be banking on 1) your business partnership to work out, and 2) living together to work out.

A GP could say some deals do not work out and oh well but the negative press your company gets and the LP losses incurred those investors will be lost forever on future deal and they will tell everyone their story.

Hey @Michelle Berge, it didn’t work out with CURB realty.

So if this does not work out for you, maybe finding something with a little less work and little less risk might be good to get your foot in..

how did this deal ever work out for you?

They just need to be made aware its a one time deal.....they need to work out whatever issue with the bank about having the $$ available when rent is pulled.

It really depends on you and how involved you're willing to be, especially if any of your current at-large operators don't work out.

Does your manager offer a placement guarantee, where they cover the cost of eviction if tenant doesn’t work out?

I am a strong believer that this will work out for you after you do your homework.

He is willing to set up very amenable owner financing terms and take the capital gains hits on monthly payments we work out as part of the deal.