I’ve met most of my partners through in-person events because it’s easier to get a feel for someone’s personality and long-term vision.

Investors want a person that they consider a good "business partner", but most of the wholesalers I see come of as borderline crimnals.

Without any form of credible references this person may care less about you and are only interested in the sale, which would be your problem after.

I would personally roll the dice on the rental and see where it gets me if you don't have to sell at this moment. 

It depends on where you want to live, income, personality, and other factors.You could buy a large home and rent out the individual rooms to cover expenses, but this comes with problems.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

What I've seen is that when asked to provide an assurance that a loan wouldn't be called because of a due on sale clause being triggered, the lender customer service typically just outright says it's not allowed, or default to a "no", because they see it as a black and white question, and miss why the due on sale clause is actually written into the mortgage document to begin with.If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

To establish a 50-50 ownership in both the property and future profits, you'll need a formal agreement outlining each person's contributions and rights.

What I personally do is I will hire a local Civil engineer who has done subdivisions in the jurisdiction and I will pay them up front for a detailed feasibility study.

It is not your responsibility to house this person's items indefinitely in your rental.