That would take the pressure off Tenant A and let Tenant B know you care.

  ( 250 investors 50 mil) all loans were fractionalized ( this was Oakland CA and Bay Area loans) I could legally do those as a CA RE Broker. 

She would be putting all the cash down for the property and I'm a contractor and would take care of all of the rehab work along with finding the house, dealing with real estate agent etc. how can we make it so that it would be 50-50 ownership of the property and all future profit? 

If you don’t care about maximizing loan amount then you could start whenever.

A few years ago I stopped coaching, I sold my print marketing company (Yellow Letters) to care for my wife.

The bank will make you leave 25% equity in the property - but you also still want the property to at least cash flow some - so be careful how much equity you pull out / new debt you take on.I would do a cost benefit analysis of what your actual gain is in cash-flow on buying a new property with a (currently) higher interest rate (if financing), versus just holding on to the current appreciated property and enjoying that cash flow.All the best!

That would be for the deed, so use care not to trigger the acceleration clause with your lender.

No problems with rust but do have to deal with hard water; they have a chemical treatment called a pillow that takes care of that.

Security deposit will take care of the last month of unpaid rent, but I'm considering filing a small claims court lawsuit to get a judgement for recoverable damages.

Regarding leverage - use it carefully!