I've been heavily involved in the OZ program and think it'll help inject capital into the areas that need it most.

In reading all of your posts, I'm seeing it's a lot more involved than just simply, "should I form an LLC or not?".

If I were you, I would write down all the monetary outlays and the potential work that will be involved in acquiring/rehabbing (if needed)/managing the property and realistically how much time and energy each partner is willing and able to put into the project, and then sit down and have a discussion about how even or lop-sided this deal is for each party.

When the allure of owning real estate wears off, they start to realize that, but their exit strategy will most likely involve losing money unless we're still in this passive cash flow investing mania we are in.

I'm actually so new to actually landlording that I don't have the full perspective on the timelines involved.

Hello Everyone,I am 21 years old from Philadelphia PA, I am really looking to get involved in real estate.

She has no involvement in financing so in the eyes of the bank, she's never had a mortgage. 

And IRS rules say that as such personal you can’t be part of ANY transaction your IRA is involved with, DIRECTLY or INDIRECTLY.

I just flat out asked her if she had the power to sell at any price she wanted or if there was a realtor involved looking for a commission?

@Lateeka Mosley It is possible, but there are several factors involved that can potentially kill the deal.