A 50/50 split, while not uncommon in the world of flipping, is very sponsor friendly, relative to the typical syndication which will typically start at 80/20 or 70/30 splits, with a vast majority of proceeds going to the LPs, along with a preferred return that gives them 100% of the cash flow up to a certain annualized return metric.  

People think "friends and family" are exempt - WRONG.

It’s also helpful to connect with investor-friendly agents and lenders who understand your goals.Good luck!

A lifelong friend and I are motivated to (virtually) meet and connect with those in REI working in the Pittsburgh area.I'm active duty military and living in California with two rental properties (one in Virginia Beach & one in Pittsburgh) and my close friend owns a single family in Baltimore.  

I’ve seen this issue in San Diego, where a friend of mine worked with a city planner to rezone a lot for duplexes and triplexes.

To maximize returns, ensure compliance with local regulations, prioritize owning the land, and offer student-friendly amenities.

That was a substantial discount compared to my friends who were paying 2k+.

If that is the case then I would say yeah work with an agent who has a solid reputation either here or from a friend referral.

Hi Kemi,I’d recommend connecting with investor-friendly agents and wholesalers, as well as joining local Facebook groups for off-market deals.

Your 'friend' is crazy not you.