If you’re going to spend $40-$45k in down payment, closing costs and a reserve, spend the $1k and meet the team and see the product!

I have mentioned to him about giving him majority ownership in that LLC and then buying it that way then either buy the LLC or the LLC will sell it to him for the original price minus my cut or whatever but I am not positive about how to legally do that or anything.I am really a green horn who had an opportunity to help other people while hopefully earn a bit of money for it.

Originally posted by @Jonathan Greene:@Bruce Woodruff yes!

Then the majority of the rest of the income should go to your company because you have really created the ongoing value that drives revenue to the property.The exception can be when and owner or developer has painstaking developed an incredible product they are entrusting you with where you don't have to do any of the initial set up and can more easily take the reins on ongoing operations of the property.The best property managers are picky and often turn away lots of owners because they understand they have a brand to protect and because they know they bring a lot of value to the real estate owners or developers.My goal as developer and investor in this niche now is to create an incredible product to hand off to professional high end manager that knows how to be host to guests and is hospitality focused.

@Marco Chaidez loving the final product!

@Genny LiThanks Genny, I will go to Home Depot to check out these products, do you think it's a simple DIY project or should I take the help of a professional?

In the long run you wont really be thinking of the few hundred lost here or there, you're building equity and can refi into a conventional product soon enough!

Haven't gotten final figures from our electrician in the cost but I have always been interested in off the grid type products.

All the markets below will offer you essentially the same type of product and returns.Cincinnati, OhioDayton, OhioToledo, OhioYoungstown, OhioCincinnati, OhioMemphis, TennesseeSaint Louis, MissouriIndianapolis, IndianaDetroit, MichiganErie, PennsylvaniaLouisville, KentuckyMilwaukee, WisconsinJackson, MississippiIt's about WHAT and HOW you buy in an area.

I don't care if you have a "green" card.