Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.  

Im happy to answer any questions you might have about how I invest in Memphis and I can offer up all of my vendor partners to you as well. 

Second, by working with an investor does this mean partnering with them and using their capital for investment properties like fix and flips?

Backstory - we have an apartment complex that had a $339k loss on paper last year (I'm a 40% partner).

For my partner and I, it’s a question of effort vs return.  

I personally created all the artwork displayed throughout the property, and my partner and I tackled all the remodeling and landscaping work ourselves What was the outcome?

SDIRAwealth, Beckstone partners.

Partner with a Real Estate Tax SpecialistThe tax code is complex, and mistakes can be costly.

Quote from @John Friendas: There's a house I'm considering buying with a business partner as an investment rental.

@Sarah LewisRentRedi is partnered with TransUnion for screening and provides the Full report for credit, criminal and eviction.