Partner 1, who sources deals and manages the business, should receive compensation that reflects the effort and responsibility they take on.

It takes it out of the market and the investors there who are a MUCH better source than the agents looking for business.

@Art Webb   I don't knot that there is one best source. 

I had a lot of luck with ASI ASI and Safeco early in my journey, and then I stumbled upon a different class of insurance companies that are more geared towards investment properties.My policies are currently underwritten by SES and they have been great to work with and very geared towards the investor.My insurance agent is a sage source of counsel on the subject and I bet he'd be a good resource for you if needed!

An agent cant do analysis for you, and I never encourage you use someone elses #'s, but you can at least get info from every source possible. 

That said, there needs to be a filtering of rent by the room and midterm rentals because I think they are often conflated and the rental pricing data is very different for the two sources.

You will see people crowd-source solutions and questions on nearly every subject imaginable. 

@Michael PetersRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

@Landon Lehmann many investors borrow against their primary residence equity to invest.Getting a HELOC can also be the path of least resistance and cheapest.There is risk though, that if you investment results in a loss or lawsuit that you could lose some or all of that money and more (lawsuit).Getting more insurance is typically easier than setting up an LLC and meeting all the requirements to separate your business from your personal assets.What are you doing to source potential flip properties?

I spend all day sourcing deals now.