Fannie is now also requiring the GP team to have significant skin in the game. 

A vibrant game room.

What’s your game plan for managing the park — hands-on or hiring a property manager?  

So I’m trying to come up with a game plan  Conventional loans do require 25% down on an investment property.

He didn’t just answer my questions—he showed me how this game is played at a much higher level.

Look, we were for most part playing a game of American Football for a long time.

He has been alongside me on the other deals so I’d like to give him equity/skin in the game and I don’t know how else to do itQuote from @Basit Siddiqi: Getting a property with a partner / friend will not help you from getting hosed on taxes.I wouldn't move forward - You mentioned beng a high income earner so your hourly rate is very high.

Hiring a property management company with experience in the markets you're considering can be a game-changer.Have you identified which markets you want to invest in?

Hey BP,I’m relatively new to the industry with about 1.5 years of experience, but I’ve already learned that automating common tasks is a huge game-changer for efficiency.

Each grouping had a common room (perhaps it was shared by multiple groupings ... this was a detail I missed) with a nurses/aid workers office.Central to the two sides of the complex were common facilities such as a dining hall, gym {perhaps a pool ... another detail I missed}, theatre &  games room.With one of the fastest growing groups in our society being single people, we are examining a related idea of a  complex / building providing a modest-sized 1-bdroom "apartment" with more semi-private and common amenities.When I read the title to your thread, I thought it was a project proposing to mix students and seniors into a single complex ... and came in thinking, this ought to be interesting :-)