Friendship and business don’t always mix well, so it’s critical to use a solid lease and treat this as a business arrangement.

All contractors (no matter the trade) are businesses, and should be run as such.

The founder appears to have been involved in businesses outside of real estate: ‘My dream is a locally made grooming products business’ | People | nashvillepost.comSo it does not appear there is a lot of track record there, but those are questions I would ask.

Beg family and friends to fund it for you.They "might" do it if they see you've learned a lot and your business plan sounds very solid.How do I know this "might" work?

When the whole covid shutdown occurred, I dropped out of college to help my father's service business maintaining and remodeling residential and commercial buildings.

@Michael Quarles I can honestly say that I've never gotten any solid business from postcards.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

Over the past 15+ years in this business, i have seen the good, the bad, and the ugly. 

This is a business.

The downside will have more to do with your business personality.