For this fine piece of legislation, designed to stop money laundering thank Senators Warren and Sanders.   

This would also increase your cost basis of the property whenever you eventually sell.

I'm assuming this may be the best option. 

The person will assist in some prop management but largely the GP will oversee/ manage most of the deal (design, permits, construction, leasing).I would like to add that this person is raising 95% of the entire equity check, not just GP equity 'I would like to add that this person is raising 95% of the entire equity check, not just GP equity'

I don't have experience in real estate or house hacking, so I want to ensure my plan is sound and that I have all the details mapped out.

Only took 30 seconds to find this website, how much effort are you putting into this?

I’m seeing lenders holdback this amount.

Purchase price: $360,000 Cash invested: $18,000 A partner brought this deal to me.

I think this goes the other way as well.

Any advice you can provide would be greatly appreciated1) In the Short-Term Rental Ordinance (Baileys harbor), I found the following:“If the rental of a Residential Dwelling is less than seven (7) consecutive days, the first dayof a subsequent rental of less than seven (7) consecutive days may not begin until the sixth(6th) day after the first (1st) day of the immediately preceding rental.”Question --> Does this mean that we cannot host another guest within the same week if the first guest's stay was less than seven days?