Now we can pay for schools, fully fund IRA's, contribute to 529's...

It seems that rent control can in some cases prevent investment in rehabbing/improving properties in good times (because folks can't come in, create vacancy in occupied units, and remodel whole structures), and might contribute to an increase in vacancy in downturns, which is something I had never considered as a possibility until today.All in all, this property is a massive, massive winner for this fellow, accounting for nearly 50% of his net worth. 

I suggested increasing my 401K pre-tax contribution to try to stay below the $75k. 

I am new to this and I hope to one day contribute on here.

There seem to be a lot of contributing factor, many pandemic related:- Employee uncertainty of what “work from home” will look like in 6 months are reluctant to consider selling.

This sounds like an equity deal, the Construction company puts in 70k capital contribution (more if profit included) and investor puts 40-50k into investment company.

How do you decide on the percentage of profit to split if one party is contributing financing and acquisition and the other party is contributing time for to procurement, hiring of subcontractors and overseeing the build?

I contribute most of this success to the mastermind group I joined.

More looking for a 'What should I not say.)I've read through a lot of these posts and they've helped me get to where I am now with the property so I appreciate all of you that have contributed and hope to add something to the forum, hopefully not as a 'What not to do.' 

I live here and grew up around here, so while familiar with the geography, have a lot to learn when it comes to the RE side of things.Thanks in advance for your help and I look forward to contributing to the communityBest regards,Adam