Landlords mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.This also leads them to ASSUME simpler is better when it comes to management contracts.

I have a few questions about the process of forming an LLC, the "roles" that each partner takes in the company, and what goes into a written partnership agreement.

Frank Rolfe leads this and he was on the BP podcast a few years ago.

Landlords mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.This also leads them to ASSUME simpler is better when it comes to management contracts.

My advice is not to get involved.To get some experience, you should find someone wholesaling in the area and bring them leads in exchange for going through the process to get experience.

This will lead to further housing shortages and renters have to commute from outside St Paul. 

Ok so I have gotten a few leads like this and I want to figure out a way to purchase these properties. 

Main egress is enclosed stairs on front of house. 2nd egress for tenants are stairs in back leading to yard and driveway.

The property is in a trust with out of state owners that are highly motivated to sell, which leads me to believe I can get at a discount.  

Is it accurate to say that a person (non-accredited investor and lead on the property purchasing/fixing/reselling) is capable of reaching out to others privately (say, individuals in the home construction business who are also non-accredited investors) and gathering a group of them to help invest in said property that will be fixed/sold, without any issues from the SEC such as licensing or requiring accreditation?