Some sort of profit sharing arrangement with the investor so that your interests are alignedAll in all, I'd say it is a risky play, but in risk lies great returns.

It was a good arrangement, all the way to the end, years later, when the neighbors ended up buying the lot from us at FMV.It's not necessarily a bad thing for a neighbor to begin using the yard of a vacant property. 

nope just do a simple LLC agreement with both of you as managing members or you manage him member and spell out the business arrangement in the operating agreement that is simple no need for PPM if its just you and one investor you know.  

I've recently worked out an arrangement with some friends to partner on some properties as well (and future properties).What are the best options in getting both of us protected when it comes to this partnered-property?

If you're all alone, you might arrange for somebody to call you every hour or two, to make sure you're not lying in a heap in the yard.    

We arrange financing for first timers as well as seasoned investors/owners, so everything is possible. 

Was in a meeting yesterday .. looks like the bloom is off the bud on the Cannabis at least as it relates to growing the flower.... prices quoted were down to 400 a lb.. from 2500.00what are other seeing out there.. is the future of this in the OILs and medicinal .. not the actual flower and weed ???

With the equity and the VA, you should be able to get into a decent house-hack arrangement, or just use the VA for your primary and the equity for your investments.  

Are there any verbal agreements or arrangements between the current Landlord and Tenant?

If you have ever purchased an investment property from a family member (or friend) or structured some sort of profit sharing arrangement I’d love to hear about it.