Additionally, if he’s legally and financially tied to the property, it might limit his flexibility if he wants to make major life changes, like moving or starting his own investment ventures.Ultimately, the decision depends on how involved you want him to be in the financial side of the property and how much risk he’s willing to take. 

A lot depends on an individuals motivation, dedication, learning capacity, decision making capacity, analytical ability, time available, support system, mental state, and yes, luck. 

Thanks  Don't just solely base your decision on the rate and terms.

There are legal reasons for all of these decisions.

I’m a home inspector and Field Services Director at Pro-Spect Jax in Florida, where I help homebuyers make informed decisions about their investments.

The funds are insured, and you can withdraw them at any time.Real estate investing works the same way—the riskier the deal, the higher your expected return should be.Final Thought:Before making any decisions, get flood insurance quotes first.

How may properties are held in each LLC is a decision with yourself and the attorney.

@Jackie LinThat’s a big decision, and with your experience in California rentals, you’re in a great position to weigh the options.

Has anyone thought about this before, and came to a decision?

In our multifamily ventures, we’ve noticed most buyers we work with don't act on emotion & are quick decision-makers; When a deal makes sense, they move fast.