That would be a situation where you have a joint brokerage account with a family member(brotheror sister, etc) or for example you own a piece of real estate with another party.

This is advantageous bc later you have a third party loan (not your personal money) so seasoning period is 90 days to DSCR out. 

You are right 100% Owen, the landlord will be listed as additional interested party NOT additional insured.

I dont screen but to be fair our properties dont attract parties.

In most cases due to the transaction sizes, there's very little margin for these 3rd party vendors (particularly brokers, property managers and contractors).

Late to the party here, but I'd be happy to connect with you and your friend!

This party won’t last forever, no one tells you when to get out, sometimes you realize too late. 

I have found enough business and made enough money not to need to expand outside of this market.Section 8 is a whole different ball game but I find the program is unique in that it's a 3-party relationship adding the variable of a government agency.

@Spencer Cornelia can't believe i missed this part. i was actually browsing youtube and came across your channel, small world!

Include an exit strategy, tax planning, and insurance to protect both parties.