Note: there is posted on the side door a notice from Safeguard Properties but they had nothing to share. 

In addition to your PM, get to know a realtor who works with investors who can write a contract for you next time, put in all the safeguards regarding tenants and inspections, and deal with the seller so you don't have to. 

Unbelievable because even with all the safeguards in lending practices after the last crash I'm quite sure many are going to end up upside down when the market dips and foreclosures will be high again.

What I've seen in the past, and what my husband's family has done for generations, is this; as parents get older, add the children to title with the appropriate legal safeguards so the parents can stay in the property if they wish, so they property doesn't get encumbered in the event there's a need for long term care etc...  

I have not heard anything about what safeguards Cozy has put in place in case they or their third party partner suddenly have stability issues.I'm not saying the sky is falling and we shouldn't trust anyone.

As a safeguard, you could keep your parents on as minority owner ship, ex: 70% you 30% them. 

You can sell the house after 1 year from purchase.The 203k loan is an incredible opportunity to buy a house and fix it up to your own taste with the banks money and with safeguards in place to protect you if this is your first rehab.I would highly recommend it. 

As far as a traditional partnership, of course there needs to be safeguards in place in order to protect each persons interests.

Experience is a cruel teacher, but learning and safe guarding your home first is important when you are getting started.

I have found since I have been in bigger pockets I have ran across some of the most rudest buyers who want properties but want you to work for free...I am not sure where in america it states free but I feel like this we as wholesalers, marketers, Consultants should be able to make a living as well and not just hand out properties and buyers run with them..Some of you know who you are..I run a business been in business 3 years going on 4 I have never ran into a bunch of men who whine about a piece of paper to safeguard me and my family.