Think of it this way, you would have to pay on average 10% to a PM company, so that's at least worth a 10% stake in the company, so if you put in 25 % and you manage, that should be a 35% stake in the co. st the least.

@Tom JonesI have a few friends and co-workers that want to invest.

People do it illegally all the time, until someone rats them out and they get shut down,  Also, I wouldn't want to have an insurance claim (especially a fire or some large liability issue) for fear that the claim would be denied once the true usage of the property was discovered by the ins. co. 

I have a co-worker that is starting to look for their first home.

I've recently passed my education requirements for a Colorado real estate license and will be traveling to Denver on Wednesday to take my state exam with the plan of interviewing brokerages while I am in the area.

My desire is to turn it into a co-work space where I rent it out to small businesses looking for a virtual office.

Hello Bigger Pockets community!! I have been meaning to do this post for awhile, but been so busy!! Anyway, we (hubs and I) got our first flip house and we closed on it on December 29th of last year. We found the hous...

You could start advertising now so you can cover as soon as the vacancy occurs and make the ability to co-operate with showings a condition of any agreement.  

Here a title co. can't release a disputed EM without a court order, and there's a different mechanism if the EM is held by a RE broker, but we don't know LA reg.s.

We are interested in moving to either New Mexico or Colorado and are beginning to research out the markets in both states between Albuquerque and Fort Collins.