My business partner is getting a divorce and rather than split things up we have decided to liquidate soon.

There is so much nuance to these strategies.Another question popped up since my closing date is looking like it might get pushed back... what happens if the investor is not able to meet the material participation requirement by the end of the year? 

I will provide all the upfront costs (down payment, closing, etc.) and he will be the property manager (finding tenants, maintenance, etc.).

House hacking would be the best option for this area though (almost only really viable option for investing without large cash reserves, unless you flipping).Big Bear Airbnb strategy is speculative right now with most Airbnbs up there not preforming well at the present, unless you have a lot of experience.

I think this would make sense in the long run for the rental property as it will extend the life of everything it touches like the Sink, faucets, showers, water heater, dishwasher, and Clothes washer while also providing clean drinking water in addition to the reverse osmosis drinking water system I already have installed.The main problem with this hardness level is that we get a major deposit buildup on all of these items, which will eventually clog up the faucets for tenants and lead to rusty shower enclosures that take forever to clean.In addition to this, it looks like we could likely have the salt added every couple of months by the property managers in addition to that it would allow for a quick inspection from them, and then also we would instead bill the cost of the service onto the ledger for the tenants.For reference, it does not look like the landlords in the area have water softeners.Thank you everyone for your input ahead of time.

It all works out well when the market is going up and investors are getting paid, but when the market softens and investors lose money, the complaints and lawsuits come in and the dominoes fall. 

All of the confluences will add up, or they won't, as far as verifying someone is who they say they are.  

if inflation keeps going up, don’t pay early.  

FYI when something/anything happens the tenants will contact you to see the footage but that will open you up to a whole lot of liability. 

Hi Brittane,Most rental programs will cap at 80% LTV, but with hard money usually it can go up to 90% of purchase price.