One idea that could align with your goals. 

If you can align with capital partners who want to fund deals for your more experienced developer partner, then I'm sure that will make you instantly attractive to them.

This collaboration will ensure your investments align with market expectations and your long-term financial goals.

She ended up using a 1031 to exchange into a smaller multifam near Austin that better aligned with her long-term goals.

Then when it aligns, start doing it.Books and videos are as good as the time they were produced, you're going to want to get a pulse on the actual beat of the floor. 

Here are a few tips:Asset Management: Holding your property in the LLC can protect your personal assets, but check with an attorney or CPA to ensure it’s set up correctly and complies with local laws.Rent Collection: Collecting rent through the LLC simplifies accounting and keeps personal and business finances separate, which is a big plus for taxes and liability.Property Management: Since you’re self-managing, the LLC can be used to formalize agreements, pay vendors, and manage expenses—treating it like a professional operation.Just make sure to consult an attorney or accountant to align your setup with your goals.

Be an area expert on contracts, zoning, value add components, contractors, and so much more. 

Clarity here avoids future disputes.Business Strategy: Align on your goals—flipping vs. rentals, risk tolerance, and timelines.

Hi Evan,I would recommend annual rent increases that align with cost of living - assuming you are currently at or near market.Residents typically expect a small increase and it's better to do it each year, rather than getting behind and having to do a large increase all at once.

The application to get one of these accounts seems to align with this assumption, but I'm not certain.