I gave his respone a VOTE - you should too:)Only thing I can add is keep this easy for your company:- Tenant rents are deposited into YOUR company account- Require ownership partners to open a partnership bank account your company will send owner draws to.

You can partner with him, but not at this scale.

It's more difficult when you have a partner who also participates hands-on. 

PREFACE: My business partner and I bring a combined 40+ years of experience across construction, fix-and-flip operations, multifamily, and investment real estate.

If you’re looking for a reliable, hardworking partner who’s serious about getting deals done, I’d love to connect.Appreciate any advice, introductions, or opportunities.

For partners or for “pretend land”  you have to pay fair market rent in to the property’s account.

All this being said I am wondering if there is a benefit to becoming a real estate agent in order to partner with a fellow investor that is an appraiser.

Who is going to partner with you?

Unless you have a giant pile of cash or a partner that does, you're just not getting to 50-100 doors within 3-5 years. 

It’s a unique setup: 100% master-leased to a corporate tenant (Sober Living) for 3 years.The Numbers:Purchase: ~$640kTenant pays all utilities/maintenance (NNN-Lite).DSCR is strong (>1.35), so financing is straightforward.Projecting ~11% CoC return.I'm planning to bring in a capital partner for the EMD/Down Payment ($185k total).My Question for the group: For those who have done corporate-backed JV deals, do you typically stick to a straight 50/50 equity split, or do you offer a preferred return?