Sometimes fear is paralyzing but every successful person talking/presenting acknowledged that you've gotta believe your gut and move forward. 

They acknowledge it and most of the time they also acknowledge they will mostly likely forfeit that when their work here is done.

If this is a professional endeavor, then you need to do as many have stated, pay him as a contractor or get a real one who can do the flip quickly.If this is a personal relationship based decision, which it sounds like, acknowledge that you will NOT make as much or any money on the deal and give the guy a 50/50 deal.

If you don't offer a one-year lease there, you have to have applicants sign a form stating an acceptable reason you couldn't offer them a year lease and that they acknowledge receiving it.     

The contractor acknowledged this request.

Brazil himself and he gave adequate feedback to the information acknowledged. 

LOL Wow, sometimes lack of intelligence is so easily understood there is little acknowledgement needed to that fact.

That being said I think for someone who lost out because of questionable ethics (trying to do their first “BRRR”) it would be nice for BP to acknowledge that this platform lent credibility and helped make a new investor feel safe loaning or investing with a sketchy investor.  

Even if you materially participate in real estate rental activity, it's still considered passive income in the context of real estate investments.Real estate investors do benefit from a special rule which permits up to $25k of passive losses to be deducted against ordinary income in a tax year, but this begins phasing out for married taxpayers starting at 100k AGI, and completely phases out at 150k AGI.If your properties are generating tax losses (after depreciation and interest), then you can probably find much better cash flowing deals, though I acknowledge that higher end rentals in certain areas can make sense as a longer term cap gain play.

In my lease the tenant acknowledges that all of the fire prevention items are there at move in.Good luck.