This sort of thing happens all the time, FYI, and if common issue in Estates, Will and Trusts.

These events are great places to meet people who are serious about real estate investing and might be interested in partnering up.When you do find someone you think you can work with, start with small, low-risk deals to build trust and see how the partnership works out.Also, take some time to educate yourself more on wholesaling through the resources available on BiggerPockets, such as articles, podcasts, and forums.

Your Proximity to the Property: If you live far from your rental property, managing it can be difficult.Your Level of Expertise: Are you well-versed in tenant law, property maintenance, and real estate market analysis?

Don't need an LLC, which adds to the cost (for now since everything is in a trust and I have an umbrella policy for liability, eventually I will get an LLC where I can spread the costs out)I wanted to get everyone's thoughts on this.

This lowers the chance of triggering the “due-on-sale” clause.Consider a Land Trust to transfer ownership without alarming the lender.Once transferred, use the LLC’s account for all rental income and expenses to keep it separate.This post does not create a CPA-Client relationship.

Then he offers to fund half of the $91k so I can trust him and will give me 10% then 12%.

To determine the level of risk the applicant poses to your property and income.You should give them space to explain their criminal record.

Trust me I know!!! 

It took awhile to catch on, and it was the likes of airbnb and VRBO that took this concept to a new level with global exposure. 

From just surface level, if your equity is high and your cash flow is negative, those are clear indicators that it may be time to sell for a gain while you can.