Now that we're in recovery mode (or maybe a bubble), prices are back up to where they were previously and have even edged higher, and it definitely gets one thinking.In order to determine what to do, if anything, I would ask what your big picture strategy/vision looks like.

We all have sight, but very few people have a vision.

Nine years later my vision paid off, as the assessed land value (besides buildings) was $925,000.

This is counter to the whole reason this website was created and @Joshua Dorkin vision. 

First thing I need to do is figure out what my vision is.

Cash is tight, but we have a vision for what we want.

How much time has your agent invested in you providing you with education and a vision in the market to get you to the point where you are able to make a decision?

It sounds like you have a great vision and goals for what you want.

My question is: How do you recommend setting up the partnerships from the beginning so that both partners have the same vision and goals in mind for a property?

I just wanted to update this thread as my goals have become updated also.I have a vision to get a 203K loan on a foreclosed property with the vision of house hacking that property.