STR property management, Co-Hosting, Revenue Sharing agreements and Investor partnership agreements to earn equity and profit sharing opportunities as you continue to scale. 2.)

I am asking  because I want to know if it is a good idea since I am brand new to the whole process.  

The idea is to create cashlow and wealth through equity and appreciation so the plan we can build few units , sell them and split profit 50/50, while I am the boots on the ground overseeing the process of building from start to finish, meanwhile the partner brings 100% of funding. 

I am in the process of exploring property management companies in Dutchess County, New York, and I’m reaching out to this knowledgeable community for recommendations.

One lesson learned is that the closing and purchase process could have been more efficient.

The hardest part about section 8 is getting the process down, like what to do and when.

I have a goal of finding some like-minded people in my area with which I can connect and start to learn about this process in more detail.

Hey @Dutch Mendenhall,I responded to an older post earlier this afternoon, but found this one, noticed you had been more recently active in it, and wanted to reach out here as well in the hopes that we can get this resolved ASAP.My IC Membership refund was approved 2/13/24, and was advised 2/19/24 that it would be processed that coming Friday (2/23/24).

Is there a difference in rates or process?  

It is passive investment earnings, not self-employment income.If you wish to take existing retirement savings and diversify into things like real estate and private lending, a self-directed checkbook IRA would provide flexibility similar to the Solo 401(k).