I have a six-figure W2, and I receive stocks gifted to me and bonuses totaling upwards of an additional six figures a year.

If not, then it would be a good addition that could drive some revenue.

In a work/money fix&flip partnership:The silent partner provides $1M.The working partner does all the work, including securing an additional $1.4M in financing for the LLC.The working partner keeps 2% of the capital immediately ($20k).After all rehab, fees, and finance expenses are deducted/repaid, the working partner takes 45% of net profit and silent partner takes 55%.You can assume the working partner has experience and it's not a take the 2% and run scam.

Happy to share any additional insight!

Having a job in addition to managing 10+ rentals can be a slippery slope if your in that situation.Best of luck!

In addition, how much time do I have to find an escrow company before closing?

Sounds like an opportunity if other PMs are not good there.One additional point on delegating and vetting your team members.

If you need to evict a tenant and don't get paid for 6 months and in addition need to pay several thousand to repair the place to rent back out will you be able to handle that?

These are professionals with additional training and a stricter code of ethics.

@Joe Pirapakaran I think it really depends on how the additional cash out affects your DSCR ratio and your cashflow.