@Daniel DietzMy suggestion is to treat it as a property owned 100% by the money person: the one who brings the down payment and whose name is on the loan.

One I can highly recommend is @Daniel Hyman with My Online Accountant, LLC

@Daniel Dietz Those are some pretty solid terms for a commercial loan.

Hi Daniel,I want to make sure you understand I have not done this recently.

@Daniel CallahanI sent you a private message. 

Daniel Byrd great Post!

@Daniel Pitta In my opinion Background checks are the number one best way to vet a prospective tenant.Many things fall under background checks like calling their employer and previous landlords.Also I know some PM's that like to sneak and peak in their car and see if is junky, if so they is likely how they will treat your property.Also these same people will find an excuse to stop by their current residence and look in the door for the same reason.W-2 paycheck verification.No evictions in last 5 years.Tenants make 3x the rent.If they can't come up with all move in money don't rent to them.They ones that beg and plead for you to rent to them you should run from.Make sure they have stable employment - same job or in same field for 2 years or longer.Get a larger deposit than 1 months rent to encourage them to give you proper notice when they move and that they don't try and use deposit as rent when they move out and that they also leave your property in good condition.

I've partnered up with a friend of mine, @Daniel Hummer and we're looking for a savvy CPA that specializes in Real Estate investing.

Try @Daniel Hyman or @Brandon Hall.Good luck!

This should be interesting....I'm following.Best of luck to you @Daniel Hanson