Consultants, inspectors, and mentorsProperty managersAssistantsBookkeepers, accountants, and attorneysLandlords if you rent your office spaceYour business partners if you paid them (except if they were strictly lenders)Disclaimer about wholesalers: it is a controversial issue, with some of my colleagues claiming that wholesalers do not need 1099s.

One thing I really enjoy about what I do is I actually go out to all my markets spend time there and get to know the local areas etc.. thankfully the deals i did for this guy in SW WI I did as a capital partners so I owned them and did not have to foreclose or go through his probate etc..

Hey Zach, My partner and I have actually worked with a few out of country investors to help them get investment properties here in AZ. 

Any recommendations for Umbrella insurance providers for each partner to cover any liability?

There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.

Greystar Real Estate Partners, one of the defendants, released a public statement claiming they operate with “utmost integrity” and will vigorously fight the allegations.

By emphasizing how this transaction could benefit the organization while maintaining transparency and professionalism, you’ll position yourself as a trustworthy partner.

Again, all so another of my partners could jump into manage where I left off, if I weren't around anymore.

My partner and I put on some investor forums monthly in Scottsdale, great way to connect with other investors.

I suggest to save up for 6-12 months while learning the market better or partner with someone who has the cash while you do the legwork.