Typically, borrowers must provide title insurance policies to protect the lenders' monetary interests.

And, I have more concerns about monetary funds than RE.

He suggested a Partnership called "Tenants in Common" as a way that you keep control no matter what you contribute on a property's price and have different agreements with all Partners regardless of their percentage of their contribution of the purchase price.Whatever you do just be careful, understand it, and feel good about the Partnership or anything put in writing that's a business liability of your personal involvement or responsibility whether it's monetary or not.Good luck to you!

Telling yourself it doesn't add value (perhaps not monetary- but value is viewed many different ways.

If I were you, I would write down all the monetary outlays and the potential work that will be involved in acquiring/rehabbing (if needed)/managing the property and realistically how much time and energy each partner is willing and able to put into the project, and then sit down and have a discussion about how even or lop-sided this deal is for each party.

Now of course you will need some monetary backing but you can also look for private money to partner with.  

Make it a monetary goal, number of houses goal, cashflow, wealth..etc... whatever you want the end of the rainbow to look like in your eyes.

There may also be non-monetary factors to consider, such as the family members expected rate of appreciation for the property and tax considerations. 

Under the list of "protected classes", the 10th line item is:"Source of Income The lawful source of a person’s income, including wages, a voucher having monetary value, social security, public assistance or other related payments."

(Slightly under market but it’s a coworker that rents it and it’s hassle free so willing to take the monetary hit). 400/mo hoa.