Let us ponder...

just points to ponder.

I've been noticing a plateau in the OC market and pondering on making exits on my rental properties soon. 

As such, they've asked me if they can supply the capital, I do the work, and we share in the upside.After pondering for a while on what a fair and compelling partnership agreement might look like, here's the outline that I've come up with and would love to hear everyone's thoughts and feedback.Number of properties: Partnership is only tied to one single property with the option to work on future properties together as separate entities.Legal entity:  This property and any possible future property held in their own individual LLCs.Initial investment: Partner provides 90% of the total estimated cost to purchase property + renovations needed for it to be rent-ready.

I would love to hear more creative ideas. those that i have pondered include. 

Quote from @Denis Ponder: @Marta WendelI am guessing she is referring to the resources on Bigger Pockets located here:Learn => Resources and Media => Webinars thank you!

Hey @Denis Ponder, are you cleaning the place yourself?

I was just in the same boat, however I do not have $120k readily available for Real Estate alone, I was still pondering the idea of buying a primary residence on a FHA loan with 3.5% down, and ALSO invest in a rental property with 25% down.

Quote from @Denis Ponder: Most leases talk about returning the property to the condition it was in when you first rented it, outside of normal wear and tear. 

So for us, contacting the Plant Managers or CEOs of these companies are key to getting the word out to potential tenants - and those are easily accessed via Linked In.Also, the Chamber of Commerce will have that info - as a member, you have access to that info as well.I would also look at the Glendale Association of Manufacturers, or some such group like that - here again, a membership gives you access to all the right info, then mail or call away.I certainly would want to get it all filled with one tenant, but don't be averse to two or three smaller tenants seeking expansion room.Just some ideas and angles to ponder.