Then you 2 would agree on how you would split the profits once the property is generating cash flow and the original equity is returned.

., AirBnB) as it will expose your property to bad actors.Law enforcement and the legal system seem to operate quite slowly out there.

Would love to hear form some Multi-Family owners/operators in these markets about pros/cons and specifically neighborhoods to avoid.My wife and I have been to Columbia SC many times and, while we have never been to Little Rock Arkansas, we plan on going in Late March! 

At $500/mo per door you would have $175,000 cash flow in a year before operating expenses.

@Ricky RigsbeeI got the analyzer and it does a good job assisting you with your underwriting and the different scenarios you can generate for comparison.

is it enough to carry you into your next projects while maintaining enough access to keep your current real estate operating smoothly?

@Nicholas A.House Hacking a primary residence is the best way to generate wealth. 

These documents include your operating agreement/ corporate bylaws, articles of organization, certificate of standing, and the EIN letter. 

Its being operated at STR from last 30 months with great cash flow.

You have come to the right place to explore different ways to generate passive income.