The agent is subject to the principal's control and must consent to her instructions."

I'm considering setting up a revocable living trust here in Philly. 

.- Would I be able to take a loan leveraging 25% in property 1 (with my partners consent), while he does not leverage his 75%?

Be aware that implementing Rubs is not something you can do without the consent of the tenant.

Once the revocation is received, typically a later acceptance or a later terms sheet is a new offer rather than a meeting of the minds. 

I have considered LLC  or revocable trust in my name.

(Irrevocable or Revocable?)

The employment history is weak (6 months of employment).They are capable of paying the 1.5 month security and the first month rent.They have a n active “consent to enter judgement for possession” with the recent landlord because of the repairs the landlord failed to make. 

I am not marketing myself heavily at all as a Realtor - I just wanted to get the education and access since I'm new to RE.SEVERAL FINAL THOUGHTS CONCERNING MANAGING THIS TRANSACTION:1) KNOW THAT WHEN YOU CHANGE INSURANCE FROM THE SELLER TO YOUR LLC, UNLESS DONE IN A REVOCABLE TRUST, WHICH MAKES THE TRANSACTION LOOK LIKE THE SELLER IS DOING SOME ESTATE PLANNING, THE MORTGAGEE COMPANY WILL RECEIVE THIS NOTIFICATION AND QUESTION IT. 

@Nadir M.I can't defend the PM's failure to notify you and get consent if your expenditure limit was $200.