In this scenario...Person A brings the deal, puts up 10%, and manages the propertyPerson B puts up 10% and takes responsibility for the noteTraditionally finance the other 80% What is a fair split for the equity here between person A & B? 

@Joseph M. As

Jerid Cook from 918 Home Team in Tulsa is a great person to work with as he is always willing to help.Also, Michelle Leach from Titan Title in Tulsa is as knowledgeable of a person as I know in working through title issues such as the one I experienced (property title in a trust of a deceased person that also had a lien against it from a company that no longer existed).Before Photos:                      After Photos:        There was beautiful wood floors discovered under most of the "nasty" carpet which I had refinished:          

I would imagine the apartment could rent for around 300 p/m as well.I have it under contract for 55k as of right now.Literally any input would be greatly appreciated.Thanks Guys(Raleigh, Cary)

If I don't see that in their T12, are they booking some of their R&M as non-operating to prepare for sale?

The example @Alexander Felice used was perfect with person A who has $100k sitting around to invest but no knowledge whatsoever, Person B who has no cash but all the knowledge, experience, game plan AND a deal ready. 

From the beginning the rent has always been paid on time and with the exception of a few small things here and there I really did not see this person as one of the tenants I was most concerned about.

For example, Person A owns 3 properties with loans on them, Person B owns 4, do they max out at 3 loans together?

Recently Fannie Mae changed their policy and allow the property to be in the name of an LLC if that LLC is owned by the same person as listed on the note.Commercial loans typically have more flexibility in the terms, but will come with a higher interest rate. 

Why not pay this person a finders fee,  hire them and flip it yourself.