I'm thankful that my parents were able to live the American dream before my father passed away, and that my mother has a secure financial future during her remaining years.Its difficult to get ahead even if you can speak English and are educated but how much more so if you are a poor immigrant.

While you wouldn't have any protection for the flood damage you incurred (sheetrock, trim, floors, insulation, electrical, contents, etc.), you would have coverage for the wind damage you incurred (roof, gutters, blown out windows, etc.). 

You are only promoting participation trophies and rationalizing poor marketing.

I suspect poor communication was a reason that such a low percentage of people who paid $300 atrended (in San Diego I attended the STR workshop and room was full - this syndication workshop we sat around one table).I have heard Codie present and she is as good as you indicate but not an RE person. one of her lines is something like there are a lot of millionaire RE investors but not a lot of billionaire RE investors and I want to be a billionaire.  

Two good books to read since you're just starting out - Rich Dad Poor Dad by Robert Kiyosaki and How to Invest in Real Estate by Brandon Turner and Joshua Dorkin.You'll need to attend and network at real estate meetups to meet people that are already doing what you're trying to do where you're at.

When I fired everyone, it was because I was doing the majority of the business and with low inventory and poor work ethic, it didn't make sense to run a team when I was the rainmaker and dealmaker.

But I don't think there's anything wrong in providing context or clarity to a poor review.

My mom has poor credit and about $30k in revolving debt, so it would be difficult for her to qualify alone.We would both prefer to hold the property, but the risk of tight cash reserves is concerning, especially if the rehab costs exceed our budget.Legal ConsiderationsIf we decide to proceed, we’re also weighing how to best structure this deal:LLC and DSCR: Would it be better to put both of us into an LLC and use it to apply for a DSCR loan?

How can the other partner replace them if they perform poorly?

Every Wall Street guy will tell you emotions make for poor decisions.