Running a background means they have to fill out an app and pay for their checks to third parties and then whine if I do not accept them.

The best part is that everyone here is excited to help you learn and grow into real estate investing.

The best part is that everyone here is excited to help you learn and grow into real estate investing.

@Charles Hawkins, most times (or at least my bias) is a single family, or even small multifamily BRRRR does not have enough meat on it to make sense for all parties and a split.  

We have recently been working with him on contract terms that both parties sign of course, stating that for every day that the project is delayed after his projected deadline we deduct a certain amount and for every day he finishes early we give him a bonus.

The theory is that if you own an individual asset in an individual LLC, your exposure to liability is limited to that individual asset, and a faulted party cannot come after any other assets, personal or business.

I know there are a lot of anti 3rd party management owners out there, I don't blame you for lots of reasons.

Especially with regards to third party financing offers.

I have thought of offering cash for keys, but think they would accuse me of bribery or something to that effect, even though that is common and legal if it is agreed upon between parties to my knowledge. 

We were told by our architect that we could legally build out our basement which is a MASSIVE financial gain and the best part is that our foundation guy quoted us $20k to dig out and pour the slab now putting the foundation bill at $130k.