My potential partner and I have agreed to split everything 50/50 and I was thinking of holding all holding/cash to close funds in escrow and run it through my LLC, but would be interested to hear how any of you structured it in a way that protected yourself in the event that one partner turns out to be problematic. 

Sellers concessions are an excellent tool to close 'smaller' repair gaps as they help reduce the buyers cash to close and increase capital reserves for anticipated costs beyond closing.

I am new to real estate investing and BRRRR.I don't have much capital so I am wondering if it's still possible for a BRRRR strategy to work if I am doing a 20% downpayment on a house and have some cash left for renos?

We then used that to buy a 4 plex and put all of the 'cash flow' towards paying that note off within the 5 years and now have both properties cash flowing nicely for no more input from our SOLO401Ks.Right now I am working with a seller that is looking to sell a portfolio of about 10 units with seller financing and he is open to doing it non recourse.

Benefits for my sister:- She gets into home ownership without any cash up front because I paid all the money down.- She starts building equity on her unit rather than renting. 

I include non-paying tenants as part of the vacancy risk included in calculations I make prior to purchasing a rental to ensure it will cash flow.

Purchase price: $195,000 Cash invested: $65,000 Sale price: $345,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Juniper Dr, Angels Camp, CA.

Purchase price: $162,500 Cash invested: $30,000 Sale price: $245,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Graham Lyster, successfully completed a fix-and-flip on N Cox St, Kingman, AZ 86401.

@Jesse HepburnThis is a tough situation, but I would not be trying to do seller financing with them, and an influx of cash from a sale is most likely not going to be beneficial for them in their current situation.

Is this something you should add into your property analysis as revenue you won't be taking home, or do people use Airbnb service fees to account for that extra amount?