I did not suffer from analysis/paralysis - I had no problem pulling the trigger.

Kyle,With Freddie Mac, multiple offers automatically triggers a highest and best situation.

Every partnership I know of ended BADLY.

@Joe Gore Putting the deed in a trust will avoid triggering a "Due on Sale Clause" correct?

His passing was my reminder that we are all working on a limited timeframe, and subsequently , triggered my discovery of Bigger Pockets.

You can have your partnership agreement, you can do other agreements as well that can govern most any issue, change orders, punch list, time frames, who hires and pays subs, insurance, profits and other issues.Who you partner with always makes a difference, but I'd think as slow as construction is getting a decent partner wouldn't be too hard, just be in a position to hire and fire if necessary.Adam, sorry, missed the insurance question.

I have a piece of property in California that has around 3600+ acre feet of water rights (have had it for about 10 years, but just "discovered" the water rights)...I would like to sell all or a portion of the rights on an annual basis, or lease the property (13+ acres) including the rights.Hoping for some leads on how to go about this, where can I list the rights for sale, how to ascertain the value, etc...The property also has mineral rights (patented gold mine) any advice on leasing the mineral rights would be welcome as well...I'd also look into a partnership, etc...to start making some cash flow with this property.Thank you!

Only asking due to information I read about partnerships created different tax requirements.

Only asking due to information I read about partnerships created different tax requirements.

It wouldn't cripple any future deals per say I have a new found private lender whos ready to pull the trigger with me on the right fix-n-flip project.