Hi @Gregory Kawa just wanted to warn you about the new legislations in Palm Springs which can prevent short term rentals in near future.

It may slightly affect insurance rates in the future.  

I’m planning on moving back to the Denver area from Charlotte in the near future.

Talking with homeowners and future homeowners is my wheelhouse.

The daughter might have a situation where the parents decided to stop or reduce rent payments in the future.

The good person in me wants to help him start investing solo, the business side wants to use his partnership or buy alone.Should IA) continue with buying the building aloneB) offer to partner as to not miss out on any future opportunities togetherC) inform him he could actually invest in this building solo, easily in-fact using FHA and house hacking

Starting today, if you become a Pro annual member, in addition to unlimited calculator use and site access, you get: Unlimited access to landlord forms for ALL available states, a $99/form per year value.Unlimited access to any future updates of the forms, as they are needed per changes to state landlord laws, a $50/update value.IF YOU ARE NOT A PRO ANNUAL MEMBER: For the next 6 days – if you upgrade to Pro annual, use code “IWANTFORMS” to get 20% off the price.IF YOU ARE A PRO ANNUAL MEMBER: Credits are being issued to Pro annual (yearly) members who purchased ala carte landlord forms previously.

Good luck in all your future REI ventures.

I truly appreciate any advice given and will always give back what I learn in the process to future curious investors out there!

It is bad enough to reward criminal tenants but not having a eviction on their record impedes the rest of us from properly screening them in the future.