They need to take ownership of the read on this as it is they who have to prepare the docs and release funds and are the custodian of the 45 day list.Unless you specified a purchase of a specific % interest (100% or 50%or any other %) then you fulfill the letter of the id list with your purchase of any interest in that property.  

I would suggest, since this is a first deal for both of you, that you write it out as a contract that will be fulfilled once the property has been handled and the profits split as determined in the contract.

Hi,I was wondering if it's possible to do an FHA loan and have family members fulfill the criteria of staying in it for one year.

On a related note that might impact your situation, the state real estate commission has issued a policy statement saying that someone who is licensed as an agent is not fulfilling their duties as an agent if the only service they provide is to put the listing on the MLS.

Your job is safe and probably somewhat fulfilling.

Many condo owners enlist a PM firm because they can fulfill that function as well as handle bookings, cleaning, etc.

IT all depends what you want to do and what fulfills you.

The key is to establish very clear terms in the beginning, discuss the different roles you fulfill, and maintain them.

If there is anything of value that I can bring to you for the opportunity I will not hesitate to fulfill that need.

Iv been putting together lease purchase deals for 8 years and not a single tenant buyer has ever fulfilled their option to buy.