Permits may be needed for bedroom or bathroom modifications, especially if plumbing, electrical, or structural changes are involved.

@Jamie Banks The issue is as far as I know almost all Leases when ALE types of companies are involved the  insurance policy holders are listed as the tenant.

Ultimately, it’s about the level of involvement and risk tolerance you’re comfortable with.

Paul involves attending meetups and joining REIAs, working with professionals like CPAs, lawyers, and agents.

My name is Jared Smith and I have been involved in various real estate investments since 2006 when we did our first flip in the PNW all on a CC!

I'm still learning the industry,  but I have been able to partner with a CDC based out of texas and they have been a great help and they have allowed me to get involved with getting investors for their project and I'm definitely excited for it.  

It’s exciting to hear you’re diving into real estate investing and involving your daughter in the process — house hacking a small multifamily is a great way to start.

Its already long distance but if you have no desire to be involved, no boots on the ground in anyway, it may be hard to make it work.

You are possibly setting yourself up for immediate failure.....there are too many moving parts and too much money involved to mess up this facet of the project.

If the same people are involved, it doesn't matter.