Or just start out collecting a fee or hire a third party to manage.As for a buyout down the road, you could put an agreement in place from day one that specifies a set time period that you will buy out the partner.

I'd say stay away from those groups. 

Then 3 weeks after we completed our course, they kicked everyone off the page and created a new page with limited access, we could no longer post questions and learn from one another.

Quote from @V.G Jason: 11% is great.  

This way, you could rent out a room (or rooms) if you decide to stay, or rent the whole place out if you move.

Quote from @Danilo Grullon: Hello fellow investors.  

We were considering this or the Smokies.  

I would greatly appreciate your input on this matter.Here is my setupPurchased property under a TrustLLC in FL owns the TrustHolding company LLC in WY owns LLC in FLI purchased the property sub-to, took over the seller's mortgage and I’m working on setting up insurance for the property.I understand I need to keep the seller as additionally insured in my insurance, but the seller no longer has "interest" (ownership) either in the Trust, nor any of the LLCs nor in the Deed nor Settlement Statement.

I'm from Mississippi.

Purchase price: $360,000 Cash invested: $100,000 This is a 20 acres of land mixed use Commercial or Residential.