If you two have never worked together before, it's probably worthwhile to talk to a legal expert and also write down everyone's roles and responsibilities within the flip itself.

Get the rent roles vacancy rate as much info as you can.

They fit more of a silent investor role, as they live out of the area.

Any role that would give you experience in the multifamily business would give you a leg up as an investor. 

-Brock Burton Brock, the best and most complete advice is al in Beau Beery's book "Multifamily Investors Who Dominate." 

As most know, FHA opened up the conflict of interest rule where lenders can now play dual roles as agent and lender if they wanted to.RE companies have been trying to get into the loan business, or have lenders pay their Zillow fees for years and I’m wondering if there may be another way.Can a licensed RE broker collect a referral fee from another broker for a buyer or seller transaction if also engaging in the mortgage business?

ACI ranks CLT No. 5 worldwide for air traffic and No. 6 for passenger traffic, reflecting the Airport’s important role in the aviation industry and as the second-largest hub for American Airlines.

Can you give us some insight into your role in the development? 

@Kim Synow Lake Erie can be brutal, but it can be profoundly beautiful too...it's probably why people are hush about it...they don't want to give away the secret, lol...we watched a movie not long ago and I was like "damn, Maine is really beautiful"...the credits role and it was filmed at Lake Erie...incredible. 

So, the first thing you want to know is who has experience on the team and what their role is.It's common to see less experienced syndicators or fund operators partner with more seasoned teams or individuals on deals, with everybody bringing a different piece of value to that property.