It's harder to get started right now and people are unwilling to control there personal finances. 

Please let me know if you would like to meet-up in person and I can help process some options for you. 

Hi Kenny-Great question about whether you should put a house you plan to live in and rent out parts to others in an LLC.Certainly putting it in an LLC would help with asset protection and limiting personal liability.However, you may lose the ability to claim the part of the house you live in as homesteaded tax rather than the higher non-homestead investment property tax for the entire property in an LLC.

I opened a new host account to handle guest interactions myself, hired a local handyman for emergencies, and found a cleaning person who could also act as my eyes and ears for any required handyman services.

We focus on customer service, sales and overall personality when hiring for leasing and assistant manager positions and haven't really made a decision based on PM software experience.

Maybe you can personally inject the $89,000 into the project even though it is not in the budget.

Will the person get paid for that?

In our previous example of $4k net monthly income the disbursement would be as follows: $4,000 Net income$1388 principal loan repayment to majority partner $1305 (50% of $2612) to majority partner$652 (25% of $1305) to each minority partnerAs your parents, they might not require or care about the same rate of return, or a return at all (except the equity position) especially if they're planning on utilizing the property for personal time.

Asset Protection:While owning properties in your own names may have tax advantages, it does expose you to personal liability.

Personally, I'm not a fan, but I could see why some people like it.