As everyone said, 20% is fair for a manager to take care of a STR.

However, with your high W2 income and your partner’s weaker credit and cash flow, you might need to structure the agreement carefully.

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

How much do you care about your money?

I don't care what the reason is; once they put the deposit down, they are under contract.

Now the situation has occurred that we need to rent the house out in order to help pay for his long term care expenses. 

So be careful

However, weighing your options and performing due diligence carefully based on your specific circumstances, the property's potential, and your long-term goals.

However, Opportunity Zone investments require careful structuring to ensure compliance.Evaluate your priorities: If starting a business is the main goal, proceeds from your primary residence (with the capital gains exclusion) might provide the simplest funding option.This post does not create a CPA-Client relationship.

I called back again and asked for the Supervisor and 2 weeks later still no call.Based upon my experience, I would strongly urge anyone to be very careful doing business with Ron LeGrand or Financial Freedom.