The biggest reward of owning and managing vacation rentals is much greater than financial; the friendships I have made with people around the country are priceless.  

Why is it greedy that a seller takes a risk and wants to reap the full rewards, but it's not greedy for a buyer to expect the seller to pay someone to negotiate against a seller? 

Treat appreciation for what it is: a possible reward for an investment done right."

This approach involves actively investing money to generate returns instead of letting it sit idle, potentially offering a more dynamic and rewarding financial strategy.Cardone also emphasizes, "Cash flow is king.

They're also high risk, high reward. 

And exciting and for the very few that can pull it off can be quite financially rewarding.. you don't need architect type skills that's not needed until your actually going to build in most cases.. what you need is land planning Zoning city politics and it helps to understand basic underground construction .. but you don't need to be an engineer or especially an Architect to pull these deals off..

Risk reward. this was 2005.. 

I want to be able to follow and shadow him and Soak in all the rehab knowledge and I want him to feel like it isnt all 1 sided by giving him a piece of the reward especially with so many benefits to the work being done if he is involved deeper in it.

Maybe I am on the wrong side, I do not know but our risk is viewed differently and more importantly our reward timelines are very, very different.White collar jobless claims up, but we need to see not blue but retail get trimmed a bit.

In a “nutshell”What can work - partnerships where each person brings a different necessary asset (knowledge, experience, time, capital, credit) to the table, the responsibilities, rewards, and expectations are clearly spelled out, legal documents are created to head off disagreements, and the parties are compatible.What doesn’t work - partnerships formed by two or more inexperienced people looking for “comfort” rather than going it alone, and anything other than the above.