As I develop trust and confidence in them, I invest more, and I've come to have a significant portion of my net worth invested with some operators. 

Brendon congrats on the purchase.To my knowledge and from experience you should charge late fees if they're late on their portion. 

Yes, the government pays the Section 8 rent timely, but more and more tenants are having to pay a portion of their rent.

5) Those that have to pay a portion of their rent - some don't.

Buying a single-family home (SFDU) and renting a portion to him is likely the simplest and most immediate path.

They're going to want a large portion of the GP, but they will be able to bring the capital and experience to the deal. 

Or city being under staffed for certain added works now, and possibly over-staffed during down cycle portions of it all. 

If you're only using a portion of the funds, its less of a risk and could make sense depending on your situation and the deal itself.  

Agreed the biggest issue will be labor especially on the west coast and say Texas were Hispanic labor makes up HUGE portions of the manual labor force and Agricultural.. your not going to get born and breed US citizens to work in the fields picking fruit ..

They typically take a portion of whatever they save you as their fee.