I did a quick search and and portfolio loan I thought was when a mortgage company didn't sell it off but held it in their portfolio but rates are higher 

Yes you can be held liable if someone gets hurt but if you have a good enough lawyer that knows his contracts and that tenant was breaking the lease by renting out the unit on Airbnb you may be able to hold her liable for it.

Advice: Act on bigger deals sooner and create more relationshipsDone differently: taken more action - bought more properties and held on to as many as possible (less flips), bought larger multi-familiesChoices that didn't produce desired outcomes: Side tracked on deals that didn't fit my modelHorror stories: I talked about this on my podcast interview with Joe Fairless, but not having written contracts/agreements.

His assessment has held up in court the two times we've been called (out of literally dozens of failed pipes).  

;Roth IRA funds are not subject to requirement minimum distributions (RMDs);The fair market value (FMV) of assets held in a self-directed IRA is reported on form 5498;The fair market value of assets held in a solo 401k are reported on Form 5500-EZ;At termination, the solo 401k is required to file a final Form 5500-EZ and 1099-R; andAt termination, the self-directed IRA is only required to file a form 1099-R.

However I am incredibly driven and I have the time that he lacks to acquire and manage these properties if need be.Now regardless of whether we are friends I am going to assume a contract will be the best way to go to maintain our roles and be held accountable for our part in the business.

Its a 5 year term and the note will be held by the current owner.  

Money is held in escrow and paid out as a draw as work is completed.

OR if they've held it a long time already, what really needs to be done in order for it to be back in 't' turnkey shape.Good luck!

Come time for eviction will it be more difficult to process with the rent being paid by the employer rather than the tenant.Make it crystal clear to the tenant that any issues with the payment of the rent the tenant will be held responsible.