Or maybe you end up doing all the renovations and management while your princess of a sister does nothing but spend the money on new shoes.Better to be your own man and make your own path.

I actually believe it is useful to have your license as an investor as you can collect commissions from your own deals and search for deals as well as serve others in the same capacity.I recommend making a connection with a good property manager in your area if you intend to work with investors and to make your own investments as passive as possible using them.

I also help my son with his property management company.I am happy to chat with you at any time.

Even better...you can't take bonus depreciation on your newly acquired asset to help offset gain since it was acquired from a related party.There is a way to effectively transfer out the future appreciation, but your historical appreciation is stuck in the Corporation - you can't get that out without triggering that gain. 

My role would be to manage all property improvements and operations.I am seeking expert advice on the viability of this financing model, specific borrower requirements, and potential lenders who might be interested in such partnerships.Your insights and recommendations would be greatly appreciated.

Doing property management and investing in every corner of the city and suburbs you learn a lot about each area.  

I did manage to get things ship shape enough to get it ready for a bank.

I am not planning on driving the routes - would need to have a manager & dispatcher while having trucks and drivers actually drive the routes and deliver packages.The businesses seem to be quite strong cash-flow-wise but I'm not sure if it's a good idea to get into this business.Would appreciate any feedback on this.Thanks.

I have several years in sales, management and training but I have never invested. 

Obviously, you are planning on doing your own property management once you purchase your first rental.