I would make sure he understands his role on this until that lease expires.  

@Jordan Fujan Exactly and what you're doing is pivotal to understand rental property.

It sounds cheesy, but the best way to prepare is to work with a friend or two and role-play.

For more info, check out the law itself AB968: https://legiscan.com/CA/text/AB968/id/2764362 https://www.car.org/riskmanagement/qa/New-Laws/2024-New-LawsAll of the "owner-builder" folks that would get permits for work and then hire unlicensed, uninsured, discount companies to do the work for as cheap as possible will pivot. 

then there is taking a role in the financing such as hard money lender or notes.

Although this 5.5% to 6% is taxable, it still enables them to offer above the 70% guideline.Experience also plays a key role.

I am sorry to hear about the challenges you're having with renting out your townhouse in Kennesaw.I agree that it's probably past time to look into either selling (and re-investing in a carefully selected investment property), hiring a new property management company, or pivoting your strategy with the townhome. 

Even if one partner takes a more active role, both should understand the motivations and risks associated with investing.It's common for couples to struggle if they're not aligned on investment goals.

Your background in physics and economics, coupled with your leadership role in the Commercial Real Estate Club, provides a solid foundation for success in this industry.

That can play a role in aquiring favorable terms.