I find that when people know that their partner has a face, they tend to be more accountable because any recourse event would feel more personal.

Im a local Chicago area investor and joined eXp Realty to specialize in representing investor buyers and to do a few personal "commission free" deals per year.

The length of a loan term is a CHOICE of the person selling the $ and the person buying the $.

Personally, I have been revising my "Buy Box" only buying properties build since year 2000, and sell properties built before year 2000.

Non-recourse lendershttps://www.biggerpockets.com/member-blogs/2810/50272-list-of-non-recourse-lenders-for-self-directged-ira-and-401kSolo 401khttps://www.biggerpockets.com/member-blogs/2810/21298-solo-401k-advantagesSdira self directed ira https://www.biggerpockets.com/member-blogs/2810/blog_posts/28450-real-estate-iraProhibited Transactionshttps://www.biggerpockets.com/member-blogs/2810/44738-prohibited-transactions-for-a-self-directed-solo-401k-or-checkbook-iraDisqualified Personhttps://www.biggerpockets.com/member-blogs/2810/47960-disqualified-person-in-a-self-directed-ira-or-401k

Personally, I would feel comfortable buying a property with an existing tenant on a month to month lease using a VA loan.

In the context of an LLC, you personally are the "parent" owner as LLCs are essentially pass thrus in terms of taxes.

Including full project management. he has few project managers under his belt that manages few projects.Until now I was kinda doing project management from abroad (as I am living put of the country), and has also person to be boots on the ground to see how the proper job is being done.

Additionally, there will need to be a personal guarantee on the loan.

Focus on becoming that person!