If you constantly fall short on the same goals (as I have), you eventually learn to outsource certain tasks and focus on what you're good at.

That might've been a mistake.On one hand, I would only be adding a roommate by addendum to the existing contract, which expires in five months, and they would be jointly and separately responsible for the rent.

Even better, possible joint ventures when it works out for everyone involved. 

Others speculate about the possible destabilization of the flooring with a thick underlayment: Would it let the flooring flex and work apart at the joints?

However, the one constant in life is change.My experience is that despite good intentions, people and companies tend to lose focus and you will have to replace the property manager every few years (along with every other team member).

I currently have 6 deals in work, 2 of them are joint ventures and 4 are 2nd position loans.

I did this so I can offset my wife constantly messing with them.

I am not a securities attorney and I recommend you talk to one before proceeding.With that said, Matt talks about the concept of making the non-accredited investor no longer a passive investor in your deal, a Joint Venture as mentioned above. 

The one constant in the note business is that it is always changing!

Hi Chris - I would use a JV (joint venture) agreement that details how the fee will be shared with the other wholesaler percentage wise.