It’s better to pause and confirm than risk relaying false information.Remember, deals are built on relationships, and relationships are built on trust.

“How” they live together is more involved.

I personally have no connections with anyone who is involved in this niche and I'm wondering how other people have started their journey.

HOLD & REFI - The improved cashflow (I have one lender saying he could get me into a DSCR loan at 6.5% which would 3x my cashflow) is enticing, but I'm don't want to risk anything especially having been burned once and would prefer to be on the up and up. 

Quote from @Paul Lucenti: Creative methods tend to increase risk.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

To achieve REPS status you need to be actively involved in your rentals.  

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Your mortgage has nothing to do with your taxes.Here is a very rough starting point, however the actual calculation will involve more details:1.

Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.