I agree with @John UnderwoodPencil out everything (costs, equity, etc.) to create a truly equal partner.When they and you agree on this amount and they pay their part, then you have an equal partner.Of course, in this process, definitely use an attorney.Mike

Beruk,Congrats on your new journey in real estate, I suggest that you get a mentor that will get you going in the right direction and always invest into education rather it's book, seminars, courses, mentorships etc. 

I was thinking to increase rent by 200 over the course of 3 months to get to fair market price.

Would appreciate any tips, insights, or areas of suggested research. 

Im so glad I got helpful tips on here. 

Share your experiences and stories—your tips might inspire others to improve their own spaces!

Like  Bark Beatles that have devistated western pine forest as the way up into BC.. and of course the Ice wine bizz )  That must have been 2014.

Any advice on entry-level investments, navigating market research, or tips on property management would be greatly appreciated!

Of course, you have to factor closing and holding costs which were considerable on this timeline.Everything was sheet rocked.

Contact your county tax assessor's office to learn how to find this information (it's usually online and easy).Talk to the neighbors.There are paid apps that may include contact information for specific properties.