We (collectively, I speak for all of the mods here) would rather keep the active and engaged threads clean if given a choice.3.

I collect true financials from every seller or agent I work with that is willing to share them & all of the websites tend to dramatically underestimate in these areas..

I will still collect a W2 from the business (I’m still an employee) as well as K1 for a percentage of profit.  

I used furnished finder and keycheck to find tenants, screen them, and collect rent/security deposits. 

You can fairly collect some form of compensation for being the managing member.

You will need their ID if things go sideways and you need to put them into collections.

Just like you, she can do RE as a side gig and learn a lot more while she keeps her own nest egg going and her lendability strong with a regular job.You should loop her into a major document with all of the properties and all of the profit and loss and go through them one by one and talk about whether to sell or keep, and also base it on geography for her and your collective choice of management.

Bee Setups again threatened they were going to move forward with collections.

Check this out to learn how to intervene before collections become an eviction issue. https://www.padsplit.com/help/article/how-can-i-prevent-a-me...

They may pay what is owed, or I may have to send them to collections and get it the hard way.