When there are two or more borrowers, but one or more will not occupy the property as his/her principal residence, the maximum mortgage is limited to 75% loan-to-value (LTV).Borrowers should take note of some exceptions to that 75% limit which are based on family-type relationships.Borrowers are eligible for maximum FHA loan financing for non-occupying borrower situations for FHA loan applicants who are related by blood, marriage, or law.

Welcome @Danny Ko to BP and congrats on the new marriage!

Think of it as a marriage, and you are dating.  

Im the researcher and financial/credit power and he is the muscle, talker and rehab expert in our marriage.

Such deeds include an Executor's Deed, Administrator's Deed, Sheriff's Deed, Guardian's Deed, Referee"s Deed, Tax Deeds and a Deed In Trust.A CQD is the proper deed to be used when a grantor has an interest in a property, personally or where another entity holds an interest and the grantee is related by marriage, family, business associate, beneficiary or partner.  

@Jay J.Great advice, and know that I would never do anything to jeopardize my marriage.

If you want to tell me that any asset that I own before the marriage is not subject to the division you have NEVER been through a divorce and any good lawyer can have your previous assets included in the division during divorce proceedings.  

@Kevin Morris as much as it would be a bummer to turn this down because he's a friend, I would suggest NOT doing the partnership with him.Partnerships in real estate are really like a marriage. 

It just means that the TK provider understand that people live in house and things happen to people outside their control such as job loss, illness, death, divorce, job transfer, marriage, mental breakdown, etc (I have seen all of those)  Verify rent range through other property managers, Craig’s List and Zillow  Ask if permits were pulled during the rehabIf a tenant is in place, ask to see the tenant file Remember, you can fix the house, you can fix the tenant, you can fix the property manager, but you can’t fix the area.

It may also be pertinent that the lender is ok with issuing a non-marriage joint mortgage, although that part is to be determined.