I'm close to closing on the property, but now I am wondering if this is a good idea to move forward if I can't even get to list on Airbnb so really do need some help to make a decision.Thank you so much!

I would recommend checking their comps and repair values very closely.

I'm trying to understand what is the best way to approach a partnership structure for buy and hold properties where one partner is the finance (100% or close to) and one is the locate, manage rehab, manage property, and manage future sale (5 years or more down the road).I'm the one who is not bringing the finance.From what I've been able to see, there are a lot of posts on 50/50 partnership splits for profit, etc where one partner funds and other other partner does the legwork if it is a flip, but so far there is very little info out there for this approach with buy and hold.I've seen some comments stating that it would be surprising to find an investor who wanted to do this as the returns are not that great.

All you need to do is bring your closing documents and show that you weren’t the owner at the time of the complaint and you have no knowledge of what was going on then.

None of the properties I have analyzed even come close to being cash flow neutral or positive.

Note that the best tax advantage is expensing the repairs when possible rather than capitalizing and depreciating them.”I bought my property for $400K and it’s worth close to $600K now.

Yes they usually still make money, but they would have made more if they had everything lined up before the closing and the work started the day they closed on the property. 

The house is about 30 miles from a base, so not real close, and that may be why.  

PNC offered $2g for closing cost.

Don't forget that you can negotiate that the seller pays your closing costs, thereby keeping your cash to close at the 3.5% of the purchase price.