The condo is rented out and I have not lived in it and it is owned in an individual capacity. 

If as a partner, you had better have your attonrey draft a good JV agreement OR form an entity of which you both are partners, which would also include a formal operating agreement drafted by your attorney.If you choose to act in the lender capacity, your borker will handle all the paperwork you need other than your own internal paperwork requirements.

An LLC for your single family rentals and then cap the capacity, say 10 houses.

The Title company does  a search to see if the person selling has the legal capacity to sell, to find any  other owners, mortgages and liens on the property and to identify anything that may affect ownership to the new buyer.This is all done prior to signing for transferring ownership.It is not related to doing the Lease or the Option.Yes, the option fee is used as the down payment.

As a consequence, the charger operates at about 50% of its full capacity (but we figured some charge was better than nothing).Anyone adding a charger to an existing home may encounter the same limitations.Random note: our house was hit by lightning that fried one of the outdoor outlets and our computer equipment but the charger was unaffected (thankfully). 

I also have 11 other LTR doors in the city (also do extremely well).If you have a high capacity to save more capital you could do BRRRR's in Detroit.

Establishing a robust financial base is vital, as it echoes your investment aspirations and capacity for risk.

To sum up the risks to the seller; the seller remains liable on a note which is secured by real estate they no longer own; the property sale has violated the due on sale clause of the mortgage or deed of trust and the note can be accelerated by the lender; the seller’s credit capacity is impaired because he has debt with no offsetting property equity.  

Hello everyone,In my professional capacity, I wear a couple of hats that I'm truly passionate about.

So Investor many times just gravitate to what looks best vis a vi COC return instead of IRR. ( which is what most west coast investors look for)That all said I look at business just like my bank looks at me   the THREE C's  Character  Capacity and Credit.And Having known Engelo from basically the first day he walked off the boat from Ozzie land  I am happy to report that i believe he has all 3..