A professional contractor isnt cheap , but will pay off in the long run . 

Although cashflow is important, it is now always the only component to consider when looking at a long term real estate strategy.

Readers are directed to seek professional advice.

You must keep the ownership percentage the same at all times and all income/expenses must be split according to your ownership percentage.Be sure to seek help of a professional who can guide you and structure this correctly so you can avoid violating prohibited transactions rules:https://www.irs.gov/retirement-plans/plan-particip...

I understand structural components, city code, foundations, going rate for trim, paint, drywall, roofs... you name it. :-) just haven’t been on here in a while, due to working.

Depending on your goals (investing and professional) you may not need a RE license.

needs to be documented by them specifically if you want to consider a payment, and never as admission to anything but only as a component of good will. 

I am an investor, self managing landlord, and GC, I specifically don't Want to get a realtor license so I’m not considered a real estate professional for tax designations so when I periodically sell something, I still qualify for long term capital gains.  

These are professionals with additional training and a stricter code of ethics.

Listing the home for sale will be $169K  Then I threw it on a website for rental at $2200 and there was alot of interest in renting it (and from what I could tell they were professional/career people which is typical in the area).