The complexity and lack of control just aren't worth the tiny fee you might get.If you are committed to the initial hustle of finding deals, you have two better options:Go All In on Wholesaling: Control the whole process, secure the contract, and get paid for your work.Focus on D2D (Door-to-Door): If you want to bird dog, do it intensely in a local market, build relationships face-to-face, and generate instant value for a trusted, local investor.I wasted months trying to do a hybrid model that gave me all the work and none of the reward.

Want a pool, most complexes have on, landscaping included, many also pay for water and internet/tv and insurance, tiki bars, coffee shops.

I have so many questions about all of the overwhelming complexities of building wealth.

Baselane seems to be gaining a lot of traction, especially for investors who want solid accounting tools without adding too much complexity.

You're right to approach RV park investing with eyes wide open—it’s a unique asset class with strong potential but also a specific set of operational and regulatory complexities.

They’re frame of reference seems to be the rentals they and their friends had in their late teens and early twenties where they broke the lease in a low end high turnover apt complex and management had made the decision that doing anything more than sending a few threatening letters to people with no assets was not financially viable.  

If the returns are all relative, I would go with a single property to minimize management complexity.

He is not going through the 8% costs to sell a home which you will eat when you sell the home.Furthermore, there is complexities with his sale since he is selling LLC interest and not real estate.When you buy out his share, you want to make sure you get credited for you buying him out with added depreciation.Best of luck!

It is highly recommended to consult with a legal and tax professional before proceeding.Pros of deeding your STR to an LLC     - Liability protection     - Asset Protection     - Separation of Finances     - Tax Flexibility     - Enhanced Credibility     - Privacy and anonymity     - Easier ownership transfer     - Simplified estate planningCons of deeding your STR to an LLC     - "Due-on-sale" clause     - Increased costs and administration     - Potential tax consequences     - Need for separate finances     - Loss of homestead exemptionGiven the complexities involved, especially with potential lender issues ("Due-on-sale" clause), tax consequences, and the necessity of maintaining corporate formalities, it's highly advisable to consult with an attorney and a tax professional before making the transfer.

It is normally easier to work with contractors who have the financial means to accept these terms in larger or more complex projects.