To structure a partnership, consider forming an LLC where you handle property management, renovations, and operations, while the investor provides the down payment.

You're talking about programs generally run by the government as the operator of last resort because no one else can make enough money to make it make sense.

I have some flexibility but rely heavily on my team for admin work and the day-to-day operations of property management.

Talk to other clients, go look at his current job site and see how clean it is, the quality of work, if the order of operations is making sense so far, etc.PS I'm a GC in the Nashville area and can take on a handful of clients in 2025 if you need me.

Amortize your major repairs (roof, hvac, built in appliances) and add an estimate for small maintenance.This feels not terrible to me.

When I run the numbers based on these rents, the property operates at a negative cash flow.If I increase the studio's rent to $1,400 per month, the property becomes cash-flow positive.

@Camille Romero Operating a rental property out of state, especially just 1, can be very difficult and costly.

They perhaps can build cheaper than you can, finance cheaper, operate cheaper and to get it leased up, offer things like 1-2-3 months free rent. 

TLDR: I do not think Kiavi operates with good business practices.

Yesir still operating in the MKE market.