But I think my partner is contemplating making the quick sale and moving on to the next deal with much less work/risk involved than a multi-month rehab.

Especially, I think, as we start contemplating moves and risks involved in moves into different arenas, locales, and areas of focus.

If you appear to be an investor with lots of properties and/or to have "deep pockets", you may just end up making yourself more of an attractive target to a tenant who's contemplating suing you. 

(h) This agreement, and all transactions contemplated hereby, shall be governed by, construed andenforced in accordance with the laws of the State of ______.

Get with someone who has a track record in the type of project contemplated as Dave mentioned. :)

I'm contemplating buying some <$100K SFR rentals in Phoenix.

You should factor in your time and efforts to locate the property, your overhead to run your business, etc.as you contemplate what to offer the investor.

Call a RE attorney and get a quote for a contract or JV agreement like you are contemplating to see if doing it this way is worth combining equity and interest.

It could take some time as she is still contemplating options.Kyle, some HML charge these rates.

@Jerry W.Is it bad that I'm already contemplating my next purchase?