One way to get more comfortable with this, is to structure any excess capital that one of you brings as a loan, with a fair, but relatively low interest rate.However you decide to structure it, I would suggest hiring an attorney to reduce the agreement to writing.

I guess I'm looking how to structure things to reduce risk yet still be fair to both.2) The other question - I notice some bids are rather "loose" in their description of materials being used.

Reduce your offer by that number.

The house then went back on the market, and was reduced in price by a little under $10k. 

They often received free or reduced housing as compensation.

There are strategies to reduce your avoid VA FF as well.This a stark difference when purchasing as a non exempt veteran is that you can get a reduced funding fee when you put 5 or 10% down.

Without getting too in the weeds, here's how I would lay out an approach to finding a good syndication partner (I visualize this like a funnel where the numbers get reduced at each step):1.

It's more a gentleman's agreement that I'll reduce the rate on their next stay if they reach out to me :/

It may pay to keep them with one financial institution, as some banks provide lower interest rates on loans or reduce fees for customers with multiple accounts.

That would greatly reduce what a complainant might think they could get in a law suit.Dan Dietz