Property bought in 19962000 years ago uncontested divorce.Property 50/50, I live there, in case of sale parties have to be both happy about it.Because ex did not fulfill another obligation (savings divisions), he wrote a few more QD.

My wife and I live in Edmonds, WA, and we own and operate one STR in AZ and we are working on buying our second property (likely in PA or FL).Thinking ahead to our third property we want to explore a partnership model and we need some education and guidance for how to structure things safely for all parties involved.

That being said, I am hoping to take over our family's operation of our Seattle buildings/condo (we currently have a 3rd party professionally managing).

The inspection part is where the signing-off comes in.

Multiple sub contractors with multiple separate contracts are not allowed.Repairs/Improvements must be completed by licensed contractor(s) as required by local/state municipalitiesRepairs cannot be completed by a related or interested party (i.e. relative, real estate agent, seller, broker, etc.)Borrower selects contractorContingency ReservesMinimum 10% is required.

In addition, a person cannot discriminate in the terms or conditions of a rental agreement against another person based on source of income, or based upon the person's participation in a 3rd-party contract required as a condition of receiving public housing assistance.

Looks nice, we were at a bachelor party up by there recently.

Even when using 3rd parties to assist with due diligence, their mistake or oversight becomes your responsibility.

Look at the links I posted in a previous message.This is 1099-K, which is credit card and third party payment processors.

To have the funds released you need to have a third-party inspect the house (typically handled by the HML) and the repairs made.