The intent is the sponsor needs to know enough about investor to feel comfortable the investor has the financial knowledge and acumen to properly evaluate the potential risks and benefits of any investment and the financial stability to invest capital for a 5 to 7 year period.Topics of discussion with sponsor would be:Income, credit, job stability, prior investment experience either with real estate or other asset types, education level, occupation and profession, amount of savings or funds in retirement accounts.Hope this helps.

Thank @Dan H.This was very helpful to think about.  

I don't think I need a service to do the billing as I'd just use my current management company, but I'm open to exploring this option if it makes more sense.  

-Rent by room- I think labeling specific cabinets, fridge shelves, etc. can be helpful to set clear boundaries.

Thank you very much in advance for any help!!! 

Help with vacation cabin rental info and resort partnership.

@Bryan Vukelich Can you help?

Cash out refinances of existing properties might be a great option depending on how those parameters look within your portfolio.

Can't wait to help out as many people as I can.

Happy to help.