@Brandy Horkey that is pretty cool though, start small and it  will just keep growing! 

It is getting more popular and those who held have made some crazy gains.

I’ve been growing my Airbnb business at a rate of 1 unit every 2 to 3 months and I don’t own any of them.

I know as my business grows, I would gain more benefits and be more productive,as Brent suggested.

I'm thinking of buying a Condo in a fairly popular tourist destination a couple blocks off the beach in Hawaii.

I do need to grow my income without cutting down on the amount he pays me, so will need to figure out how to 1.) take on new non-competing projects that 2.) doesn't interfere with my hours at the contractor, as it is a stable paycheck.

But with this kind of negative cash flow, you are betting that appreciation is growing more rapidly than the interest you're paying--just to beat putting $900/mo in a savings account.On top of that, you're still in the window where you call sell this tax free using the primary residence exemption.Using the $80K on a $350-400K multi or two $200K homes on a 30 year fixed will provide the same appreciation while having someone but you pay off the mortgage.

With the new tax regs, it might not be as popular as it used to be.

Having these WHY’s have been the fuel that have kept me growing and searching for answers whenever I face life’s inevitable setbacks.

If you have an LLC, it and your partner can be the two members of this entity.Some examples for comparison...6 month 70% DealARV 400kPurchase+Rehab = 280kPrivate Lender @ 15%Private Lender brings 280k to cover purchase+rehabPrivate Lender brings 10k to cover acquisition costs + utilities, taxes, and insurance for 6 monthsAssuming 8% of ARV covers commissions and closing costs, you're left with 368k You owe your private lender 290k for purchase, rehab, acquisition costs, and holding costsYou owe your private lender 22k in interest (15% for 6 months = 290k * 0.075 = 21.75k)You're left with 56k (14% ARV)Hard Money + Partner where HML requires 20% down and charges 12% and 4 pointsHML brings 224k to cover 80% purchase+rehabPartner brings 56k to cover 20% purchase+rehabPartner brings 22k to cover 10% of 224k HML (12/4 @ 6 months = 10%)Partner brings 10k to cover acquisition costs + utilities, taxes, and insurance for 6 monthsIn total, Partner has brought 88k to the dealAssuming 8% of ARV covers commissions and closing costs, you're left with 368kYou owe your HML 224kYou owe your Partner 88kYou're left with 56k to split with your PartnerAssuming a 50/50 split, you both get 28kYour Partner makes 64% return (6 months for 28k for 88k)You make 7% ARV (28/400)Hard Money + Partner where HML requires 10% down and charges 10% and 2 pointsHML brings 252k to cover 90% purchase+rehabPartner brings 28k to cover 10% purchase+rehabPartner brings 18k to cover 7% of 252k HML (10/2 @ 6 months = 7%)Partner brings 10k to cover acquisition costs + utilities, taxes, and insurance for 6 monthsIn total, Partner has brought 56k to the dealAssuming 8% of ARV covers commissions and closing costs, you're left with 368kYou owe your HML 252kYou owe your Partner 56kYou're left with 60k to split with your PartnerAssuming a 50/50 split, you both get 30kYour Partner makes 107% return (6 months for 30k for 56k)You make 7.5% ARV (30/400)6 month 80% DealARV 400kPurchase+Rehab = 320k Private Lender @ 15% Private Lender brings 320k to cover purchase+rehab Private Lender brings 10k to cover acquisition costs + utilities, taxes, and insurance for 6 months Assuming 8% of ARV covers commissions and closing costs, you're left with 368k You owe your private lender 330k for purchase, rehab, acquisition costs, and holding costs You owe your private lender 25k in interest (15% for 6 months = 330k * 0.075 = 24.75k) You're left with 13k (3.25% ARV)Hard Money + Partner where HML requires 20% down and charges 12% and 4 pointsHML brings 256k to cover 80% purchase+rehabPartner brings 64k to cover 20% purchase+rehabPartner brings 26k to cover 10% of 256k HML (12/4 @ 6 months = 10%)Partner brings 10k to cover acquisition costs + utilities, taxes, and insurance for 6 monthsIn total, Partner has brought 100k to the dealAssuming 8% of ARV covers commissions and closing costs, you're left with 368kYou owe your HML 256kYou owe your Partner 100kYou're left with 12k to split with your PartnerAssuming a 50/50 split, you both get 6kYour Partner makes 12% return (6 months for 6k for 100k)You make 1.5% ARV (6/400)Hard Money + Partner where HML requires 10% down and charges 10% and 2 points HML brings 288k to cover 90% purchase+rehabPartner brings 32k to cover 10% purchase+rehabPartner brings 20k to cover 7% of 288k HML (10/2 @ 6 months = 7%)Partner brings 10k to cover acquisition costs + utilities, taxes, and insurance for 6 months In total, Partner has brought 62k to the dealAssuming 8% of ARV covers commissions and closing costs, you're left with 368k You owe your HML 288kYou owe your Partner 62kYou're left with 18k to split with your PartnerAssuming a 50/50 split, you both get 9kYour Partner makes 29% return (6 months for 9k for 62k)You make 2.25% ARV (9/400)TakeawaysThe 70% ARV rule is popular for a reason.