@Brenda Reems You’re thinking smart by wanting to involve your partner not as an employee but as a true stakeholder, especially since he brings operational value and you’re contributing capital and deal structure.

It can work for group purchases too, though financing can be more complex.Real estate investment clubs – Groups of investors pool contributions to buy deals together.

If your wife wants out and her brothers can’t contribute, selling as-is for ~$200K may be the cleanest option.

But there are also plenty of bad customers out there, and they contribute to the mess.

Potential Causes for High Drywall Moisture in a Beachfront Property:High Humidity: Beachfront properties often experience higher relative humidity due to their proximity to the water.Poor Ventilation: Inadequate ventilation can trap moisture indoors, leading to elevated humidity levels.Leaking: Even a small leak can significantly increase drywall moisture content.Salt Air: Salt in the air can contribute to moisture issues, especially in coastal regions.Condensation: Poorly insulated walls or single-pane windows can lead to condensation buildup.

I hit pause on my personal search recently, but I’m still learning, networking, and preparing for the right opportunity.Looking forward to connecting with fellow investors, learning from your journeys, and contributing however I can.

Whether it’s wholesaling, acquisitions, creative deals, or team-building, I’m especially interested in how people are structuring their businesses and scaling their operations today.Right now, I’ve got the time and mindset to contribute, collaborate, and keep growing.

Excited to connect and contribute where I can!

Is this going to contribute to less demand for housing and lower prices further? 

If the property is profitable on paper, it can offset the mortgage payment or even contribute positive income.BUT, if the property shows a loss (after depreciation, vacancy, expenses), it could negatively affect your DTI.Some lenders add back depreciation, but still, a paper loss can reduce borrowing power.One more question if you don't mind - if we are not taking any money out of the LLC during the first year, will it show up on my personal tax return?