Learned a $60,000 lesson this way on my first house.

Consider joining real estate meetups, shadowing an experienced investor, or working as an intern to gain hands-on experience.

While RentRedi is great for property management, here are some other options to consider:Excel/Google Sheets: A simple, customizable way to track property details, upgrades, expenses, and maintenance.Trello: Good for organizing tasks and progress on specific properties.

if you need assistance setting this up talk to some local professionals.to your point you, should certainly not take on a payment you can't afford - and only you know what that is.  

Our primary goal is to retain as much equity in our properties as possible while leveraging outside capital to scale faster.Proposed Investment Structure:Investors contribute 30% of the purchase price and 30% of furnishing/rehab costs.Our LLC secures a new purchase loan in its name only, taking on 100% of the debt.This structure allows us to maintain 70% ownership of the property.Properties will be actively managed to maximize returns, likely achieving higher upside than long-term rentals.Proposed Compensation for Investors:6% preferred return annually.After the preferred return is met, profits are split 75/25 (with investors receiving 75% of profits on their portion of ownership).Profit Calculation:Revenue – Operating ExpensesExcludes mortgage principal & interest, as our LLC assumes full responsibility for the loan.Looking for Feedback:Is this structure fair and attractive to investors while ensuring long-term alignment?

(would like the property to go to family)The building is worth nothing as it is a manufactured home that sits on a foundation.

You just wasted a few lines on you resume because you feel it's safer in the stock market for now.

It's an organization that a cross between a 501C and a FBO(faith based organization).

This is largely because the group either has a hard time all getting on the same page, or they cannot do so in a timely manner. 

As @Ke Nan Wang said you have to hire an architect to make these decisions for you.On my projects I will compile like 5-10 inspiration photos based on projects I've done in the past, comps, and photos I find online, then I'll present those to the draftsman/architect.