I can't comment on the partnership angle from experience but I have heard of partnerships built on one person contributing the money and the other the work.

My point in spelling out the above is that if I were in your shoes, my honest opinion is that I'd do my homework and be as wide-eyed and intentional as one can be in terms of where and what I purchased.Both of the Christian's in this thread made a good point that jives with what I'm getting at.

CompsAll that said, Lenders can do what they like and there are some very widely accepted practices but that doesn't mean you can't find a lender who is an outlier.

The wide variety of topics they cover just gives so many different perspectives and methods to open your eyes too.

The deal fell through when we found out that the sewer line did not have enough angle to drain properly to the main line. 

Hi BP Community, I've read some posts before covering investments from various angles but have not found something specific to my situation so I'm am looking for some thoughts and advice from the wise folks on BP.

Look at the deal from all angles.  

You need to increase their rent to market rent AND THEN go on to add additional income streams.Whereas you've received a wide range of opinions, I think we all can agree that your reserve are not for subsidizing a tenant. 

Accompanied by many industry leaders from the Central Valley covering a wide range of topics.I learned a lot and gained some great resources and contacts.

Plus, a number of the cabinets were locked with magnetic locks (which we had to remove) and we found that one set of cabinets lead to the wide open entrance into the crawl space!!