If you do want to do 50-50 then financing his 1/2 of the equity is a fine option.

What a fine city.

I realize this reply is late for this particular scenario however I am adding my opinion in hopes to help a future Landlord in a similar position.At first glance it sounds like a high risk potential tenant but I see there are no verified facts to have a final decision.Before processing this application this potential tenant is asking if you would consider $50 less, simple - yes or no?

The plaintiffs obtained a final judgment of about $7 million against the defendants, who had interests in several Kansas LLCs.

I was recently accepted to Columbia University’s Masters in Real Estate Development program and am in the process of doing as much research as I can on the program and its value before I need to make a final decision (by April 15th).

Insist on a final walk through before closing and have the locks changed the same day!

It worked well for me as a fine of $25 for failing to return the trash cart got quick compliance, not just with returning the cart but to the lease agreement.

We typically give them a final sales price which includes our profit.

In doing a proforma, do you have any accounting experience or a finance background?

I think the smallest investor can grasp the concept of properly allocating costs and expenses that will enable them to speak of such issues in the proper context with thier banker, accountant, attorney, financial investors, appraisers and others in business.Sorry this turned into a rant, but I disagree with the dumbing down of accepted terminology for new RE types just to simplify something where anyone with an IQ of 95 should be able to grasp the more correct and accepted term.Yes, I'm a finance/accounting type. :)