The issue of adding a unit isn't all about construction costs, you need to investigate zoning and building requirements as well.

There is someone here on BP that has a website which offers this as a service as well but I cannot promote their link.

If for some reason you cannot, have the fee issued to one of you and have the one who received it to split it and then issue a 1099.

It appears as though there upper management and broker are better suited for vacation rentals and don’t Handel tenant issues well.

  LINK IN POST BELOW This is an amazing opportunity for some lucky buyer to ( or capital group ) to invest in the beautiful Smokey Mnts. 

They would each be putting in 200k each and I would be putting in 100k and would be responsible for all the property management, being paid by the other two on an hourly rate when responding to issues.

The cash flow from that property is close to nothing and if there are any issues with the property and you dont have the financial backing to handle it then it is going to be hard to deal with. 

I am personally working with Hoosier Custom Construction - Bryant Burdine, he has been wonderful fighting some permit issues for me. 

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