The BRRRR project is a short term rental in Maine, and the sale falling through meant that the timing would not work out to get this new property up to catch the busy season.

Just the brewery.What if your distribution plan doesn’t work out?

What a cool place, hope things work out for you.

I have quite some questions that need your help: For tenant screening, I plan to do the routine background (eviction, criminal) screening and credit check.

Really trying to see if there is anything I could work out here. 

You can’t just think everything will work out.

And I'm thinking my friend and I work out a split for anything that's wholesaled and if it's a flip or rental I keep I would just give him an agreed upon commission for it? 

Don't stress, it's not that big a deal it will all work out. 

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

Before beginning the process you should speak with an attorney to ensure your strictly adhering to the law.Identily a property that you would purchase and your target acquisition price and work out the ARV to show the potential profit spread.