Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

The man you need to talk to is:http://www.seattle-realestate-lawyer.com/Doug is AWESOME, reasonably priced (and doesn't require a retainer), and works with investors.  

I technically do not have to manage the property at all but they offered to have me shadow them to learn from this as well.we also discussed my getting an equity stake in the property ...say 60% and they retain 40% equity should there be a sale down the road or any HELOC or refi etc.also discussed were buy out terms should I want my initial cash out to move on etc.anyone ever have deals like this?  

With that cash out, I bought and paid cash for 3 properties and bought a new house for myself, while retaining my previous house.Currently, I own my personal home and 4 additional rental properties.

No excavation, no paving, and no retaining wall required.

Need to figure out the best alternative with retaining both of the residences.

But to engage in license related activities you need a license.An exemption would be if you were an employee of a company retained to run an apartment building and the employees were under direct control and supervision of a broker.

With such a plan, you still retain the tax sheltered benefits of income to the plan, but the plan is configured differently so it can invest beyond the stock market into things like real estate, private mortgages, venture capital, etc. 

He would retain ownership of the building, but I would get the option to buy down the road?

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.