I still don't agree with you and thus, it appears we will have to agree to disagree on this topic.

I disagree with the previous postings.

@Christopher Dorsey Wish I was set up to do business in the US, I'd take this deal off your hands if you just want to assign it.I disagree with @Caleb Heimsoth, this deal has just as much profit potential as the thousands of rentals bought off the MLS every day, with much less risk, namely no money down and no mortgage in your name.

I disagree a bit. 

I have to disagree with all you guys who say to pull out the full 75-80 ltv.   

What I am saying is, I don't disagree with no and low money down strategies, but I don't think BP does a good job of cautioning against the long term affect of no money down.  

@Joe ScaparraI do not disagree. 

Originally posted by @Lane Kawaoka:2-4 units have bad exit strategies so consider that although the pro formas look better than sfh I disagree - all ours are setup as townhomes or condominiums from the outset.

I am going to respectfully disagree with those who are telling you to stay away from properties like this.

Legal conversation starts with examining the answer to why you believe you do not want to purchase the property with your relative as a tenants in common as individuals or in an LLC.