While 80% of these deals will most likely be terrible, you should be able to find a couple worth walking or offering up on.

Additionally, if he’s legally and financially tied to the property, it might limit his flexibility if he wants to make major life changes, like moving or starting his own investment ventures.Ultimately, the decision depends on how involved you want him to be in the financial side of the property and how much risk he’s willing to take. 

Like everything in real estate, it comes down to negotiating a good deal upfront.

They seemed good, and looks like they have prior experience managing the building I’m buying (based off the leases that were submitted to me) but way to expensive to what I’m use to … $137 - $184 per door (over 10%) and then $750 per door for the maintenance reserve. 

I feel like these are my only options:- House Hack: Would I still need to pay the 6% tax rate if I'm getting rental property insurance?

Then, the last few months I find the electric bills to be exorbitant, like 3-4X normal.

It almost feels like a cheat code for REI. 

It seems like the real support you would receive from Pad split is them helping find the occupants/tenants And them processing the rent.

Non-QM I can do things like bank statement, self-employed, ITIN, Jumbo, blah blah blah.

I've liked the Heber Valley.