Join and several liabilitiesIf you are two or more persons, your obligations as debtors are both joint and several.10.

I constantly have people that want more then market value.

@Heath Thomas Jr finding good reliable contractors can be a constant fight.

I would make sure you use an escrow and have a drawn up joint venture/LLC agreement (operating agreement) etc.

The vacation rental business is high touch with both owners and guests and the marketing side of the business is and will be constantly in flux.

I would also be in constant contact with your agent.

So far I was not successful in finding any local banks financing spec constructions..Builders who work in that area mostly have private financing or their own funds, a few approached me with joint venture offers but that means splitting profits in the end

A joint Venture\partnership agreement to purchase OUR next rental property.Explanation: Now that I have a little experience in both locating a property, and managing one. ( have done so for 3 years and running ) I think a good idea would be to get a few investors together, you know, those of us who have a decent amount to invest (say 20k min each) and we can work together to locate a property, vote on it, and once we find a good one, we can put in a cash offer.

As an auctioneer and investor, owner of a real estate investors operations I am constantly making offers on properties in Maryland and other states.Call anytime.Charles

This was a joint purchase with my father as he helped with the downpayment.