I worked with Brian Maddex at Guild Mortgage who comes to our local REIA meetings and was great for potential ways to structure the deal.

Consider joining one of these groups or attending these meetings so that you can get to know other people and potentially find a future business partner if you need one. 

Folks are renting quite a bit in Chattanooga, and while Kevin is right about the lower prices in Memphis, Chattanooga offers a quickly expanding market with huge potential.

I would take him up on it since you have absolutely no risk.Unless you sign some sort of non-compete and are not allowed to do deals outside the partnership until he recoups $500k then that would be a large potential issue.Good luck!

If you do 1031 exchange multiple times, do you pay taxes on the profit of only the last sold property or do you have to pay taxes on the total potential profits of all properties.

Hi everyone, my company builds single family homes in SW Florida, I have had a few potential buyers reaching out to me regarding potentially submitting an offer and going under contract for different properties, while they are under construction.

Renovations for accessibility could be an additional cost.Sell the Property: Selling could free up a significant amount of cash, allowing you to pay off the HELOC and potentially purchase a condo that meets your family's accessibility needs.

I would be interested to view these listings to determine if the locations, work needed, and potential cash flow made sense for my current situation. 

So you can quantify your potential cost increase.

We have just really loved spending the time and energy to rehab the inside and outside and increase the overall revenueWhat made you interested in investing in this type of deal?