We've always treated the Mom, Dad or Sugar Daddy the same as a regual tenant.

Fish like creature... or... some situation where builders chew up profits for pressure treated lumber?

Sure you can have a dog, here's the (reasonable) pet rent bill and a box of treats.

Some cities or counties will also treat you as a landlord and you are subject to those laws as well.  

well  before you work with Jack you should treat him like a tenant..pull a credit report and run him through a criminal and general background check.if he balks you have your answer.it always amazes me that folks will jump into these large partnerships with a ton of risk and not even do the basic background on the partner.but rent some 12 dollar an hour person your rental and you would never do it without doing the above.now most folks will jump on here and say brilliant things like RUN  LOLbut lets be pragmatic here and just check the guy out first.. then when you have that info.. go from there.Also be careful on how you deal with the bank you don't want to put in a fraudulent application..

Again, welcome, and I hope th4 Sacramento area treats you (and me) well.

They make products that kill mold and will walk you through the whole process to treat it yourself. 

If what I'm doing speaks to anyone I'd love to catch up over a coffee or lunch sometime, my treat!

Its funny to me how the two most aggressive people in this thread are women and happen to be the ones who are complaining about the way they get treated...

Setup time to speak to a few of them to learn more about their model and get a feel for how they answer your questions, how they treat you during the call.Be prepared to share your net worth, income, and investment history with them if you want move forward.For the ones you like (after speaking with them), maybe have them send you example investor communications on prior deals so you can see how they communicate to keep investors informed.Once you've narrowed it down you'll want to further evaluate the sponsor Track record, references, etc.Have them present a past deal in detail to try to understand their assumptions, are they conservative, etc.You can use the BP Tenant Screening tool to get criminal and credit history.