Super great reply might I add, I didn’t pursue this strategy myself because I did not want to be in the middle of any potential roommate drama!

Once I build some profit I plan on putting a structure down.

Currently own a STR thats been profitable for almost 3 years now and in the midst of a Live-in Flip.

For profit and not for profit investors can be brought into the financing structure to work together to meet the needs.

My current credentials:Bachelors of science in Enterprise regulation For-profit, Non profit (Fancy way to say business law) Currently Pursuing my MBA in Finance, expected to graduate in May,2025 Appraiser Trainee License in NYCurrently Managing a small portfolio of properties (family). 

I know a lot of folks that started with 1 or 2 properties that they bought from A turnkey rental seller and then went on their own, after all, purchasing and owning A rental property is the real experience it is far more hands on then any course your listen or video youll ever watch, so for someone that has the funds and is eager to learn the real way, and is okay to not make his full top profit of their first few investment properties it would be an idea for them to start with A turnkey seller.But as mentioned here, it definitely comes with A certain price tag, although for some starters they can pay up even more when they start on their own, and with A turnkey seller they'll actually save money.It all depends on the investors capabilities, experience, guts, funds avail, time (if you got they full time job besides real estate) etc...

Perhaps you can barter that for experience and, perhaps, a taste of the profits and then, later when you're capitalized, do what you're suggesting but now with experience and skin in the game.

Take a look a look at the RPAWi. org, which is our local non-profit landlord association located in Milwaukee.

You can really pick where you want to be on the "comfortability to profitability" scale here where I felt like those options in most markets were limited. 3) it's a great place to live all-around.

Always formalize the agreement in writing to define costs, profits, and contingencies clearly.Let me know if you need help structuring the deal or exploring funding options.Best,Drago