Account ClosedAdding your property manager as "additional insured" is standard practice and beneficial for you.

My goal is to help my clients (and myself) make smart, practical decisions that balance cash flow, scalability, and risk which is crucial I know real estata is risky I have raised over 20 million dollars in Business Funding over last 3 years.

Over the years, I’ve learned a ton, and now I’m applying that experience to my Real Estate practice.

Quote from @James Hampton: That's a bad practice to follow.If an occupant is not named on the lease, you may have difficulty enforcing rules or evicting them.

You may not need these, but it's a good practice anyway.

It isn't a big job but I don't want things to go south so I stay in it.Of course I practically live on this forum so I pass along any pertinent info I find as well as answer questions.

You and the other posters here have been generous in indulging me in this exercise of considering this "partnership" / BRRRR, but demonstrating that we can invest successfully on our own power before seeking out partners is not only my strong preference but just sound business logic.As a new investor my head starts to spin when I start to think about investing, and the many gaps in my knowledge reveal themselves: how to structure a partnership? 

It takes a lot of practice and sucks in the beginning, but if you stick with it long enough and keep improving it will be worth it

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

I'll just say that nothing is going to teach you more in this space than practical experience.