However we used a 203k rehab loan with a FHA to purchase the property, which enabled us to purchase a foreclosure that had some code issues, but was still livable.

Is the neighbour going to pay for the alterations to your building necessary to enable your building to continue to operate (i.e. meet daylighting and egress requirements) and her/his building to exist on the lot-line?

I'm a freelance musician and have a flexible schedule, no 9-5 tying me down. 

In this case the w-2 partner is enabling the leveraging through the loan which the other would not qualify for, and the capital partner is providing the down payment.

I am a forward driven creative, innovator, musician and serial entrepreneur.

This will enable you to formulate a reasonable project plan, perhaps in phases for different locations, or based on major elements such as roofing projects or electrical upgrades, etc.

Seeking to provide more aid to troubled borrowers, House lawmakers on Wednesday advanced legislation that would enable homeowners to shrink their mortgages in bankruptcy court.http://www.fool.com/news/associated-press/2007/12/12/house-committee-approves-mortgage-bankruptcy-measu.aspxThis would push mortgage rates up and make home ownership more difficult for most Americans.

I do this so often that I created an online tool which enables me to instantly estimate a break-even price (where rent equals recurring expenses).

The only possible deduction from incentive pay, is existing liens or judgments against the Seller that need to be paid to enable clear title.   

Are more people moving into the area or getting better jobs enabling them to move into new/different housing, etc?