Clear CommunicationA great contractor is easy to talk to and keeps you in the loop.

In Texas we can go inactive, so no Broker, no selling, no MLS access,  but you still have to keep up your education CE hours and such. 

However, after you get some experience, you probably want to get a Private Lender since this will allow you to keep the majority of the profits.

It can simplify end-of-year paperwork, but you’ll want to confirm the details with a tax pro.3.Long-Term Game PlanPaying out of pocket and keeping your medical receipts can be a great strategy.

I keep mine a little below market to prevent turnover.  

It's very easy to keep it all straight.

Easy to keep it to a comfortable temp.

Do you want to keep the in-laws' house?

Any advice on how to navigate this while keeping the deal intact or potential transfer of partners would be greatly appreciated!

You don't always have to incentivize a tenant with a discount to get the tenant to stay, nor keep rents stagnant, but it is good to be aware of the business impact with respect to cost too.