I look forward to being apart of this community! 

Do you think a web and mobile platform would be beneficial, or would you prefer using only a web-based platform for this purpose?

generally though if your doing this with other investors you dont personally know then a PPM would work.. or if its just a few say 2 or 3  then an LLC would work .

You should only have to do this with the largest items- mainly couches/chairs and dining sets.

Those are the people you want to talk with about this.

The other option would be diving deep with a bookkeeper to have them help run more updated books than just monthly.

Does that help?

Just like you, I leaned on BiggerPockets when I was starting out—super helpful!

I would also only do this if both properties have solid appreciation potential.If it was me, I’d consider trying to get a HELOC on the first property and use the funds for a flip or a BRRRR so I could pay back the line of credit within 6 months and then go do it again.

Quote from @Zach Rumfield: This particular property might make for a good house for professors or staff at Delta State if anyone has connections to that school.