Obviously I’m in Canada so would need a property management company so that would add to the expenses, but I don’t know, something feels right about an investment like this.

Option 2 - you create a new holding company which owns your interest in We <3 Real Estate. 

We made a couple of detours, bought a couple of flips instead of another multi...but similar enough and I count it as a success.I lost focus in 2014 and went off doing 1000 different things..started a construction company and completely lost focus.

(best known for his tenure as chairman and CEO of IBM from 1993 until 2002, wherein he led the company through a great turnaround).

This could be a great opportunity for you to meet a ton of other investors and companies that help investors in many different ways.

There was a tornado in Slidell, LA and I would like to know how to offer my rental house to the insurance companies so that I can house some of their victims. 

Do you want to spend your time on the day to day management of a property or be deep in the weeds of project managing a renovation or do you prefer to be more hands off?

Multiple, billion dollar companies are investing heavy in our area, such as Intel, Google, and Amazon.

Chicago Property Management, Chicago Property Managers, Chicago Property Management Company | Straight Up Chicago Investor Podcast

It sounds like if you just structured it giving him commissions it would not really work out considering he clearly wants more involvement/skin in the game on the project.Maybe just split it LLC 50/50 and the commission savings is a preferred return over his split on the exit?