@Ken McElroyAm I thinking in the right direction?

Be direct on what you are looking for and let them know you are part time.

Save some reserve to handle the inevitable issues that will pop up after closing (vacancy, unexpected maintenance, etc.)

This is no different to me than if you have direct reports in your w-2 day job.

You need to incentivize them to mentor you or partner with you, either you work pro bono for them or bring something to the table of value.To your comment about "shady" or dishonest, I would encourage to you be as honest and forthcoming as possible, I don't know about you but I got into real estate because I wanted to do something meaningful, profitable for my family's benefit, I wanted to benefit from my level of effort rather than giving it to someone else, and most of all I wanted to make the world a better place by improving whatever it is I am working on; I want to be able to lay my head on the pillow at night knowing I did everything I could today to move forward in a positive direction and did so with integrity in order to prevent any form of regret. 

Even if he knows a good lawyer, that lawyer will not work for free - if he has enough money to pay a lawyer, he has enough money to pay his rent.Second, if he had a lawyer, the lawyer would tell him that he is not to talk to you directly any more. 

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Nothing cash flows in Nashville gotta go over an hour in any direction 

View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.