In the RE game its only a matter of time before you run into some legal issue, whether you are sued or there is a contract dispute. 

My suggestion would be to not play games with tax authorities as you may find yourself in prison.

Maybe this is my contractors, but there is a reason flipping is a full time job.For out of state investment, I would be looking for turnkey operators, or find a partner in the market, where you both will have skin in the game to do it correctly.  

You could circle prospect, call expireds, farm, door knock, direct mail, hold open houses and invite the neighbors, contact sphere of influence, text circle prospects in mass.Bryan Casella has a great open house game plan where he invites homeowners.You have to see what works for you in your market.

Quick #’s- Lot 200k- Build Cost 350k (lots of sweat equity)- All in 550k- ARV 725k- Rent $4100Option 1 - Leave your DP inCF $1,100Cash on Cash ROI - 8%Option 2 - Refinance Take out all your cash and get extra 35kCF $450Two pretty great options.... we start construction on our first two in April... stay tuned for updates... if you want in on the next ones let us know, we may be looking for JVs to keep it going...

Because this is a game changer.

You have teams that are new to the game, and while they may charge less, you want to make sure they are up to date with compliance regulations and are staffed to adequately care for their tenants.

I'm just curious how to find a business partner in this real estate game. 

Patience is huge in this game.

This is a long term game- you'll win the world series if you just keep hitting lots of single and doubles.