You may work alongside the sub-contractors to learn by the seat of your pants, but only you know your own building skills.

You must not have commercial insurance because the loss prevention inspector would write that up.We had a couple written up in our mobile home parks that were along side homes but still close enough to the road (for the inspector anyway).

Would the $25K/year be sufficient to cover rent alongside other expenses. 

Hey @Ben Gammon,If what you're looking for is really just a handyman to work alongside you or to do some simple projects on their own, I may have a couple good ones for you.

If this is the first hiccup, be reasonable and realistic that you might strike out on another 2-3 PM's before you find another great firm. 

One of the main hiccups I'm having is making sure I understand all the legal requirements and business papers that are important to the business.

When buying a single house, you are likely not receiving any type of discounts in regards to property management, materials, leasing etc.Take the same $50,000 to invest into a passive deal, even though you may only own a fraction of the asset, you are achieving the scale of having many other investors invest along side you.

The city is currently in the process of widening the road that runs along side the home and adding a traffic light and a subdivision is being built within a mile of the property.

That is a correct understanding in that she cannot invest directly into your company; however, a new corporation can be formed in which both of you can invest alongside the C-corp.

Then you have someone like @Shiloh Lundahl who has his training in a smaller more hands on manner and has his students invest along side him or in his deals but those kind of trainers can really make an impact on their students when you get the one on one attention and can invest along side them.