Thanks Chris,Indeed, we have a decent group of 1100+ people (https://groups.google.com/g/scalable-property-investing).

There shouldn't be a shortage of people who have money and need a place to live. 

Hello people, I have been to smoky mountain area about 4 times now.

Complex setups don't offer much protection for most people. 

Different people find that money different ways.

Looking to connect with people who understand vacation rentals on Lake Norman.

Any insights welcome here and feel free to blow up my structure because I know I've got a pretty loose grasp on all the concepts here.

Will your partner be upset because you are getting the better end of the deal living rent free(assuming you aren't paying rent).What if only your name is on the mortgage and deed, then the tax documents will all fall on you and your tax return and not his which makes it more complicated trying to shift income to him.If there are two people on the mortgage, it will impact both your DTI ratio's equally in full hurting both of your abilities to get credit in the future until the property is sold.Why can't you do the live in flip on your own?

Many people say they never do, but if they can increase your interest rate 5 or 6% they might. 

I built a bunch of houses there an loved it.. prices have SKY rocketed there though holy cow. cant believe the appreciation there.. very under the radar but limited land and houses great place lots of money people and there ya go values through the roof.