.- Time Savings: Managing rental properties can be time-consuming, especially when handling tenant inquiries, maintenance requests, and lease renewals.

Im a newbie trying to learn how to assign L.O.s with option to purchase. and so ive heard hes the go to guy.

However, I don't like this idea because it creates Loan A (the equity you borrow against your home) and Loan B (the purchase of the investment).

As you gain experience and build equity, explore leveraging your existing properties to finance additional purchases.

Some info:Original property purchase price ~$90k100% cash purchaseLooking to put the proceeds of the sale into escrow account (1031) and use it for a down payment to purchase another property of greater value (say we get $110k from the sale, so we can look for up to $380-400k approx. @25% down payment)Does anyone have any contacts to help facilitate a 1031 in NY?

Generally - you can make a referral fee on these types of loans if they are 100% purely business purpose - a lot of the restrictions and issues come from anything consumer-related. 

We purchased our first investment property during our time in public accounting and hired property management.

I have other considerations like quality of the house at purchase, neighborhood, renting room specifics etc.

Maybe % of purchase price (though that would mean low estimates for killer deals, and higher estimates for hot market properties)?

I was considering a 50/50 partnership minus any money invested into the intial purchase or for renovations.