Originally posted by @David To:So myself, my attorney and the tenant's attorney have come to an agreement.

So we create a partnership agreement and a new LLC and he funds the LLC account with 50k.

@Nitesh Chand Does your lease agreement with these tenants include verbiage for if you sell? 

99% identical to Joe above, only difference is we use loan docs vs an agreement with wholesaler. 

You might be able to get around the fact your entity owns the property by either transferring the property back into your personal name or by some personal guarantee or cross-collaterization agreement.

(Due to some financial issues with him in the past, I'm not willing to cosign for him)  Would a rental agreement with the roommates suffice? 

Have an amazing weekendI've had my lawyer write up an agreement for me one time.

Something that my team and I did last year that really helped maximize our time was re-do our management agreement to set expectations.

Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.

Quote from @Bob Dole: Quote from @Aaron Zimmerman: Quote from @Bob Dole: @Daniel Kazakos I think we're all in agreement on cost segregation.