I want to do these things as long as I am physically in shape, I'll save the cruise ship trips for later.There are so many ways you can structure RE: eliminate what you don't like and forcus on the things that you enjoy.

And even if you have enough cashflow to cover debt service, you may not hit typical bank lender DSCR covenants.

Then I own in a semi-franchise model,  basically own the trucks and buy routes and employ drivers to fulfill the logistics; you can contract with fedex, amazon, any shipping carrier, and get a ton of business quick.

He had tied up a property North of Kelowna BC ( which is where i had my house) and want to ship it in and put it back together and then rent it out.

IF you know how to save a sinking ship!

Run a tight ship.

Essentially, his partner (you, in that scenario) are providing the bank roll and you get interest and owner ship. 

Buy low, sell high" doesn't work for most.They will chase the Nvidia's even tho that ship sailed years ago and is a Titanic short term IMO

True true mate,And then the “after the fact” can you help emails when S#%@ hits the fan due the DIY or BRRRR not working out… Loyalty is a big one for me and over the years I have had many folks junk ship due to a promise of a lower PM rate or whatever.We go out of our way to establish a long term trusting relationship with more than fair industry pricing, offering discounts, etc… and only for many to walk of with the first “blonde” that waves her tail at them… Such is life mate and I still go into every investor relationship with an open heart Keep being great and Happy Sunday 

Does This seem like a Fair Partnership Very Very Rough Draft WHEREAS, Party 1 and Party 2 (collectively referred to as "Partners") desire to enter into a partnership for the purpose of jointly owning and managing real estate properties;NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Partners agree as follows:1.