David: Wouldn't you just enter into some kind of partnership agreement?

Forming a Series LLC or another type of partnership sounds appealing.

I've read that this is the most effective way to go until you grow much larger, where another entity makes more sense than more coverage.Your legal structure will be a partnership if you are "going into business with mother" I'm not too keen on the legalities of a partnership though.

Those in partnerships may not have as much leeway, but you may notice that a quick call or contract review doesn't hit the billing sheet.This is another area where having a good command of basic RE and customary practice will save you money, more than it may cost to get such training. :)

Bryan Hancock does a lot of partnership type stuff I think, so maybe he can help.

I would also recommend finding good partners that you can team up with to make additional profit, the key is to make money while you sleep and partnerships can provide that.I invest using Lease Assignments to make immediate cash and I invest with partners using sandwich lease options to build a monthly income and a future income.Stay safe and prosper.

We are considering setting up a LLP. and basically get additional acquisition capital this way from outside investors( these will mostly be friends and family of myself and my partner) We plan to put at least 10% of our own companies capital into the deals and will mange the general partnership ( as well as managing the properties and tenants) I have seen it where some people will pay a fixed rate of return but I do not think this is possible on MF 3/4 units maybe if you were talking about larger apartment complexes.

Later, in subsection E2, Disqualified person is defined as, among other things, a corporation, partnership, etc where the plan owner holds 50% or more of the company.So.........couldn't I form a separate property management company with an outside party partner where he owns 51% and I own 49% of the property management company and hire that entity to do the property management?

Has anyone had any success with forming partnerships, where one partner would supply all the financing (house cost/material cost..etc.) and the other partner did all the renovation work for flips or MF rentals?

So I have been working with a fairly successful local investor as of recently, and am looking to invest myself. He owns a lot of buy and hold SFR's and Multi's but I have noticed that they are kind of in war zones.......