If you did a simple 50/50 split on both, it would mean that the two partners split all of the cash-flow each month (or quarterly or however frequently they see fit to distribute it) and then share the proceeds of the sale when it eventually sell down the road.The key to winning together is to be on the same page as much as is possible in the process. 

B) Airbnb's in the area actually rent more frequently then in most areas due to the outdoor life style of the town there is very little down time.

Rents for SFH 3-2-2 brick in an A to B area are running approximately $1 per square food for 1000 sf to 2000 sf, but RETAIL list prices are frequently above $150 per sf. 

Nice, I'm thru that area frequently, good luck with the hacking.

In real estate transactions, furniture is on a separate bill of sale and a lender will not touch it; I frequently write furniture bills of sale for fully furnished houses in the amount of $1.  

Offers like this happen frequently in REI and is bread and butter for many.

We frequently buy properties that are 8% cap rates on "financials" but 5% cap rates on our year 1 expenses.

Overpaid in an area that was supposed to be getting a facelift...new soccer stadium about a mile down the road, casino...subpar schools built.

However, three basic things included frequent and clear email and/or phone communication, patience and flexibility with our young kids in tow, and comfort/knowledge with the VA loan.

https://www.mass.gov/info-details/room-occupancy-frequently-asked-questionsJust wanted to share this with everyone.