What will you bring to the table that is unique.  

Not a fan of the table style island as it doesn't provide flexibility.

The kitchen seems like there would be enough room to put a table for 4 against the wall to at least have something to eat on.

(without sharing what knowledge / experience / talent they bring to the table)

In general, JV partners each bring something to the table such as... (1) Broker Relationships for the deal flow (2) Investor Relationships for the money flow(3) Knowledge or connections in a desirable market that your JV Partner does not currently have (4) Your own capital(5) Lender experience such as Fannie Mae, Freddie Mac, etc.(6) Strong deal analysis skillsHappy Networking!!

@Andrew FarmerSay $100K comps, free and clear house, market rent 1000 per moI would offer to the seller$105K imputed interest table interest rates (see https://turbotax.intuit.com/tax-tools/tax-tips/Gen...https://www.irs.gov/pub/irs-drop/rr-16-17.pdfGet the payment to seller approx $500, get soe kind ow warranty for major systems of the house for 12 months.

In my experience it's like making yourself use celestial navigation when the GPS is on the table in front of you - kind of quirky and fun to contemplate maybe but certainly not efficient or a wise use of investor time/resources.  

Talking about bringing stuff to the table for someone else to value in terms of skill.

I always wanted to avoid trying to put a monetary value on what each person brought to the table in the partnership because that can get ugly.

The seller isn't sliding a pile of money across the closing table and then the buyer is sliding it back.