Joint Venture: Team up with an investor who can contribute capital in exchange for a share of the profits.

If that's the case, you would charge rent + utilities + water or just lump it into one rent fee.One thing to keep in mind is that friends often bail on deals like this once you get it so you have to be prepared to have to figure it out if you get the house and he isn't interested.

Looking to venture into my first PadSplit, would like to pick your brain! 

Class D is too risky for us, given this is our first venture in 5+ MFH.

Once you understand these basic things (a several more) you will be in an educated position to put in credible offers that can turn into successful ventures. 

Hi all,for those of you doing a mid term rental from out of state, how do you prepare your unit to get it fully furnished while out of state?

They assist investors in preparing necessary documentation, such as detailed project proposals, financial statements, and credit histories, which are crucial for persuading lenders.

Again, be prepared to call A LOT.  

I assume you are using professionally prepared loan documents, yes?

There are two ways to prepare yourself to be success in real property syndication.1.