If the unit was given in good shape and the tenant does not aerate the house , keeps lot of humidity in the house there is bound to be mold growth. 

Some folks will say they do it and it works great but one can say that only up until it doesn't work great and with zero security and no equity buffer protection, you're bound to lose eventually.BiggerPockets has a book coming out next week on how to safely do private lending as the lender.

And even though virtually every sponsor agreement allows me to share investment information with others who might be advising me on it (especially when club members are bound by an NDA), I still ask the sponsor if I can share it, because it's a test.

Capacity - The parties must intend to engage in a legal relationship and be legally bound by it.

So, unfortunately, you're likely to pay close to 20-25% on the $400,000 (based on my loose math here -- please check this with an accountant who is familiar with Idaho).

I had farm use so could have put my cows and chickens in there and they would be responsible if the farm animals got loose.

Both parties also have to have the intention to be legally bound.  

I've been loosely following how they just took all the dams out on the Klamath which is crazy.

Success is worth nothing if you loose your health and basic fitness along the way!!

The more equity they have the more I would have to loose .