Provide a price adjustment to the unit that has been paying for the electric service.I have the same situation and we were able to work out a nice arrangement.

I haven't done that arrangement - but I've given it some thought.  

I understand that everything is up for negotiations but im curious what a typical arrangement is like on that example?

I am sure there are standards (which others can comment on) however at the end, you have to give him enough of what he wants and he has to give you enough what you want to get the deal done.I suggest that you write down how you want the arrangement to be laid out, then talk to him with the goal of seeing if he is interested.

Terms and conditions, such as interest rates, points, application fees, promissory notes, inspections, LTV, length of project, appraisals, etc can all factor in to what makes or breaks a funding arrangement.

People who have and keep steady jobs, have good credit scores and history, and a stable record of living arrangements are unlikely to b the type of people who will destroy your house or not pay rent.

Since you have a very loose arrangement with your tenant you could always ask them to help you out with the fees since they are late on their payment, but forcing them to seems like a crappy move. 

I suggest you arrange for two or three specific dates/times to have your "money partners" view the home.

Although we have a formal mentoring program here, wherein a mentor is assigned and you both agree to a service/compensation arrangement,  I never used it.  

Here is how the ROBS 401k business funding arrangement works:A new C-corporation is established.Corporation sponsors a new 401k/PSP.The IRA funds are transferred to a new brokerage account opened for the 401k/PSP.The new real-estate operating company corporation issues stock shares to the 401k/PSP.The real-estate operating company must be an employee of the business and he or she may take a reasonable salary.The business owner's family members may be employees of the business and receive reasonable compensation for their services.To the extent that the corporation generates profits and elects to distribute those profits to the owners of the business, the percentage of the profits associated with the shares held in the 401k/PSP will flow back to the 401k/PSP brokerage account.