Some have there own built script they use and maybe this is something ChaptGPT could help with to mimick something similar.

Be prepared to teach them something or help them improve their knowledge base and skillset as they grow.Set expectations and goals:Let them create their own goals.

Congratulations on taking this significant step towards owning your first rental property!

I don't enjoy the tedious repair work associated with my own home so I felt it didn't make sense for me to drive myself mad with repairs on rentals as well.

Even under this scenario, with a 50/50 split, you will not be getting paid for doing all the work.Another option would be for you to put in 50% of the purchase price using an LLC that you own 100%, borrow the remaining 50% from your investor as a 2nd position loan at a fair interest rate with points, and borrow the rehab under your personal guarantee.Better, if you can find a lender who will lend to a newbie, and they are out there, you could borrow the purchase money using some of your cash as a down payment, as well as all the rehab funds using a construction loan.

They are headquartered in Oregon and own land in several states.

My network is large and any referral I give is someone I trust with my own legal, accounting, inspections, financing, etc. 

Suggesting that owning property in Puerto Aventuras is better than buying in Playa and Tulum because some areas in the latter cities is akin to saying it's better to own property in a little town in Upstate New York than in New York City because there are crime problems in some areas of New York City.

Not all investors share the same goal.If it's strictly positive cash flow, you're going to have a tough time meeting that goal while living in one of the units these days in Belmont Shore.Under the current economic decisions, if you're going to live in one of the units, a more realistic goal might be to subsidize your mortgage with the other two incomes to bring your mortgage payment down, build equity, ride the market appreciation, force some appreciation of your own, refinance when rates are in your favor to crush the mortgage payment down, and keep positive cash flow for a long-term goal.Belmont Shore is a nice area where homes hold their value well and enjoy good appreciation as well as strong rents and in general, the type of renters landlords are looking for.Belmont Shore is also a good area for short-term rentals and you may want to consider renting one unit as an LTR and the other as an STR.Ultimately, your situation is going to dictate whether this triplex is a good investment for you and your husband but as a Long Beach resident, I know that Belmont Shore is an area that people aspire to buy a home in.

I would love to connect with investors who own rentals in the Tri-Cities area and hear how they like the market.