When it's an unknown situation and the person doing the leg work is working to achieve that track record, then you can get better splits for the capital investor.  60/40 or more likely even an 80/20.Additionally, you can look into a waterfall model (which is kind of complex) but it creates provisions that regulate the returns to the operating partner based on the success of the project.  

Hi, I’m looking to purchase a 4-family in Monmouth County and am trying to find the requirements or inspection criteria to get a green card from the DCA. Their website is a maze. The current owner has never registered...

The first thing I would check is your town regulations related to unrelated persons and noise ordinances. 

Being in Canada I am not sure if there are other regulations to follow.

We are really unsure on how to go about permits and regulations on electrical and plumbing for the property if we do turn it into a 3 plex.

A listing agent has access to a showing app that makes scheduling showings easy, tracks who was at the property when, and anyone visiting the property is with a buyer’s agent that has passed a background check, follows strict showing guidelines, is insured, is regulated by the real estate commission, and risks losing their license or being fined if anything goes awry during the showing. 10.

I was really interested in a short term rental and still am to a degree but due to saturation and increased regulations I am weary of going there. 

The property has about 3 years left and then has 3 years for a De-Regulation period.I'm not sure if there is any tax credits left.

However, if you choose to go this direction, make sure to find a company who specializes in parks and is familiar with all the state regulations.

I've reached out to a few local agents via BP messages, but haven't heard back yet.Any advice on NJ regulations, watch outs for house hacking by the room, general house hacking advice, or anything you can offer of value would be great!