Quote from @Jemini Leckie: Hello, I am trying to understand the Orem, city code to determine if I am allowed to rent my basement ADU that I currently live in two a couple cousins and their friend.

Quote from @Michael Poloncic: Three individuals signed a lease together, all friends, the lease is set up where each of them are expected to pay 1/3 of the rent.

Make friends with investors.

I personally know both @Jaclyn Cano and @Wale Lawal and can confidently say both are great and VERY Investor friendly!

In this case, you would draft an operating agreement that specifies each partner's role—your friend providing the cash and you handling the rehab and management—and that profits and ownership are split evenly.

At that time, my friend encouraged me to get into real estate with the idea of creating passive income and wealth in future (via appreciation).

This is not yoursituation, but just to walk through the different thought processesin Holding/Selling that a friend of mine is going through.Helped my friend getinto the Self Storage business and walked him through the wholeprocess from evaluating the market, selecting a site, developing thesite, systems, financing, insurance, etc.

Hi There @Kyle Kulhanek - Welcome to the BiggerPockets Community my friend!

Mozeo is a fairly user-friendly software, and very affordable.

Consider me a friend in the charlotte market and let's grab coffee (there are many cute coffee shops here and I can tell you where to find the good texmex)