One good strategy would be to have each of you handle a different task (i.e., one manages the finances and the other the repairs).In terms of the accounting and tax implications, your LLC would file a partnership return.

I used to be the most anti-condo friendly person out there.

Anyhow, emotional backstory aside, I know that as I get more involved into my real estate investing career, my goals will change, but in the present, that is what I hope to seek out from real estate investing.So what I'm hoping to achieve from these forums is an opportunity to shadow and hopefully do an unpaid internship with a real estate investor as to learn the ropes, in addition to getting familiarized with the process and the mindset of a real estate investor as they carry on with their everyday tasks.

How are profits and tasks shared?  

I became Vice President because it gave me a voice and essentially my tasking is non existent.

Though it may seem obviously that one will accomplish more when having an extra 3 hours, I believe that it is not simply the extra time that accounts for the extra success.By beginning my day with 2 to 3 hours focused on a morning ritual or daily task, I free up space in my mind to creatively take advantage of the evening.

I definitely want to work out as many utilities as possible before I even consider dropping an offer, and I'd like to verify rents too of course, but these are my typical due diligence tasks.

On top of that many of them charge for the hours they put on tasks beyond their regular tasks.I have used 3 companies so far until I gave up.

It does seem like a daunting task to take the first step.  

Account Closed I was thinking the other day that I'd like to hire someone local like yourself to help me with real estate marketing tasks.