Their capital contribution should be pretty easy to establish as it would be the value of the land.Like I said, I'm not a lawyer and I would suggest you talk to one but this seems logical to me. 

Any suggestions and help would be gladly appreciated thanks. 

I suggest creating a list of questions that are important to you and start asking!

I would suggest a good PM to start if you don't have a solid background in hospitality or at least something in the service industry.Self-managing can save a ton of money if you know what you are doing. 

Instead of putting your whole venture at risk through a single partner, I suggest you build a team of employees and develop solid succession planning.

Unless a different one would be better that you could suggest   If you are house hacking you can utilize 3-10% down. 20%+ is great to put down but not always possible.

I'd be happy to provide some recommendations and suggestions for your situation as a foreign citizen living in Miami.First, it's important to have a good understanding of the local real estate market, including pricing trends and neighborhood dynamics.

Make sure you account for all of your interest load if youre using a Heloc for permanent financing as you suggest.

I would suggest making some calls.

I would suggest buying another LTR where you are and then next, pull out some equity to purchase a MTR property.