And ALWAYS have a 3rd party Inspector do the inspection as you can never trust people with conflict of interest.

Now the tricky part is creating your underwriting standards and system.

They also made the parties sign some kind of disclosure stating they were doing everything legally. 

For new builds, get a third party inspection.

This shows due diligence, not distrust.For seeing the property, if it’s your first deal, consider visiting or hiring a third-party inspector for peace of mind.

The best part is that you are making a positive impact on your providing housing for those who would not be able to afford living in said neighborhood.Managing the property and members are things the entire PadSplit team is good at.

@Chris KellyFind an on-site 3rd party to corroborate.

Plus the way these larger parties go through TP . . . .

In most instances when one person is putting up all capital, best to enter into a 3rd party GC relationships rather than become partners.

@Jamie BanksI understand there are multiple parties: 1) displaced insurance policy holder (tenants)  2) ALE 3) The company that supplies all the furniture and install the washer and dryer.