Spell out the complete agreement of how expenses, profits (or losses), and other responsibilities are to be split—put everything in writing.Do a background check on the partner to confirm there are no outstanding liens, judgments, or active lawsuits against them.Hope these suggestions help.

If you feel the need to let them know you will be taking care of any outstanding maintenance requests, that may be positive news for themGino

On 5/15, which is after our official termination date of 5/14, I requested next steps on getting funds and clarification on outstanding accounting items.

The home was built in 2006, great neighborhood, close to the highways, close to everything new that is being built, close to a military base.

Mowed the grass.  6 acres in the highway in the middle of town for $8,000 sold 1 year later for $200,000.  

And my current DTI is basically zero as I have no outstanding debt or living expenses right now.

Outstanding mindset & advice!

Do you have an outstanding mortgage in your personal name?  

These properties are in the 38127 zip code east of Highway 51 sort of in the Alta Vista neighborhood.

Most banks won't lend when someone has an outstanding mortgage so would the owners be prevented from buying another house later because it still shows the zombie mortgage as a debt.Carolin,Based on all the ones I have done, most of the owners have been delinquent in their mortgage payments in excess of four years.