This structure first compensates either partner for skin in the game (kind of like you would otherwise need to pay for private money), then splits rest.On the legal structure, sounds like you'll want to set up an LLC, along with an operating agreement that specifies the different duties you each have, all the stuff you agreed on deal structure above.

I love it.The biggest impact over the last 5 years for me has been personal freedom.

This will be my biggest rehab I have ever done by far.

This is one of the biggest held myths in real estate that you need any type of money for this.

I have a few leads now but next step is finding a private lender.

A month or two of vacancy always costs less than a bad tenant.It looks like your rental is local here, so feel free to hit me up on private messaging.

What's your biggest deal to date?

Biggest crooks in the industry right now

@Tyler Hiatt - hands down the biggest thing is the agent has to be able to react quickly.

You could do well as a private lender with those funds.