Welcome and happy to share some strategies in Greater Boston area that might work for you and your partner.

Do you want to own the asset yourself or would you like to be partners with someone else who may have more experience and you could be the money partner?

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Partner and I bought our first STR in Western NC.

For background, I'm partnered with an architect and interior designer, but I'd have to find most of the subs as I don't have any formal connections (at least in the area I'd like to build).

One common approach is to form a legal entity, such as an LLC, where both of you are equal partners.

I commuted back and forth from Arizona to California for 4 years and when I would stay in Arizona I stayed on the fold out couch in the living room of the guest house behind my Arizona primary home because my mother-in-law still lived in the bedroom.During this time of living in Arizona for 4 days and California for 3 days a week, my business partner and I built a large real estate portfolio through hustling and finding good deals.

I have seen great properties coming out with a great rental rate, but you would know those move quickly so being partner with someone local in DFW is always a good idea.

I think it might be wise to get a partner for your first deal. 

Say hi to your business partner !