A lot of the rest has to do with the particular functioning of the tenant.

The plan is to form partnerships with wholesalers instead of running the businesses myself.

The heating company boss (who got called down to our house by the contractor) deemed it so important to get replaced that he was pulling people from other jobs to get it done today.Needless to say my father-in-law is now a believer in my inspections (we also found a moisture problem in the bathroom causing the paint on the ceiling to peel that had never been reported by the tenants and fire alarms that were not functioning properly) and I'm so glad that I have a reserve fund!!

Stay away from partnerships unless you define everything very well in writing, no handshakes.

To begin with, search "Partnership" at upper right of the page.

Or even a partnership.

I've seen some real good partnership examples.The only problem I have with partnering is that I have to split the profits too.

I'm open to constructive criticism, networking opportunities, creative ideas, partnerships....anything that might prove to move me forward.

We have capital and other skills as well I'd be interested in talking with you about a potential partnership if we can find the right deal.

Some moderate approach between a handshake and a LLC with multiple members (triggering partnership filing requirements and K-1's for members) might work best.