However, if it is a purchase transaction, the deal can still get done, the deal would just need to qualify as a standard rental (lender won't know you are renting by room post-close).

I'm going to check into the HOA Organization docs!

Check out REI Central and the CHS Circle.Let me know if I can help with anything.

Sit back , let him build the house , and when its done , say " Thanks " You should check with a local land attorney and see what your options are 

I suggest checking out some of the meetups on BPs meetup page:https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a list of all the other Chicago meetups that I can share with you.

I recommend a simple spreadsheet to check your math and it will make it simple to adjust each year.End the complaints.

A formal business built on this seems overkill as you’re essentially paying someone for a service that already has standard model.If you and the parnter have distinct business tasks/abilities (i.e. not what you would hire an agent or contractor for), such as off-market lead generation, that’s a different discussion.

You can also check their reviews online at Google, Facebook, or Yelp.

This can help build trust even without reviews.Run Promotions Strategically: Offer introductory discounts or perks (like free early check-in or late check-out) for your first few bookings.

I’d like to learn more about syndicating, could you share some good places to check out?