I’m only beginning my REI journey and don’t want to make a silly mistake of the heart.My parents are currently renting elsewhere but wish to live in this home and use their “cut” as a partial downpayment to help.

Pouring a wheelbarrow load of boric acid and sugar maybe will cut them down.

Ever since I got into real estate I've had a few questions raddling around in my head about syndication that I can't seem to get straight:1.

The contractor would be responsible for providing the majority of the labor. upon the sale of the property, I would get re-embursed for the expenses, then the remaining profits would get split somehow. the wages accrued might be subtracted from their cut at the end, and they'd get the remainder of the split at the end.im curious what might be considered as a reasonable portion, given those parameters.

I operate them as a sole proprietor by the way.What do you think about the idea of looking into the policy and cutting out some coverages to downsize the premium?

I can't keep my current job that afforded me the house so I'm going to take a pretty decent pay cut and transitioning into a different field of work all together.

So Money first  deals second  rehab teams when you get a deal which obviously would be your strong suit based on background  then figure out exit  Sell or Keep.. etc.. pretty straight forward I would think.  

I feel I could still use craigslist and facebook and just do more extensive/strict screenings but I think this would cut the number of tenants down severely.  

That seems all but impossible unless you cut absolutely everyone out and market directly to the owner.

He prefers to buy properties with cash straight up so he doesn't have a beginning mortgage.