Effective December 1, 2024, ownership of the property has been transferred from Michael Anderson to Electric Sage Brush, a limited liability company.All terms and conditions of this lease agreement remain in full effect, and all payments, notices, and correspondence should henceforth be directed to Electric Sage Brush LLC at the following address:2001 Space Odyssey Dr, Cody, WY 82414This change in ownership does not affect the tenant’s rights or obligations under the lease agreement.All parties sign to confirm the change.

What are some standard process or contracts needed before the partnership to make sure both parties are protected?

And when a rising tide is lifting all boats, groups that amplified their results by using risky high leverage could score some massive returns until the music stopped, then will subsequently struggle to keep the rest of their portfolio out of foreclosure.

What if one person likes to host parties and is constantly bringing a bunch of friends over to hang out?

But the other day I went to the garage to store my tools, I found they had took my patio chairs out for the thanksgiving party. 

However, splitting the cost as Jeff suggested may get things fixed up quickly and keep the peace between both parties.

If the loan is not being serviced by a third party then odds of getting this are going to be slim as most mom and pops don’t know how to do this but yes they should.  

Example - 10-20 hours this year managing your local rental vs 30 hours this year learning about other markets and finding third parties you can trust.

Quote from @Nabby Boat: I would like to start investing into real estate any ideas 1.

On the sale side of the equation I rely on 3rd party sales agents for my housing geared towards owner occupants.