For this reason I was unable to enter the property before placing it under contract.

@Norberto Sanchez Welcome and congrats on making the decision to enter into real estate investing!

Hey @Matthew Sexton,Congratulations on entering the world of real estate investing!

Hello BP,I have a situation on my hands and I want to know the proper way to go about entering this partnership.I have a business partner who purchased a house for 5k at the auction.

The law enforcement agency shall enter the information pertaining to the towed property into the statewide law enforcement computer system, and an officer shall sign the abandoned property report and provide the towing company with a signed copy.

@Zachary SextonYou will get a lot of good advice about how to structure the partnership, but I think the most important question is if your share of the $250 monthly cash flow is going to be worth the {significant} stress of a new partnership, on top of those already present from entering a new OOS market.

A leak within a wall can often times be an AC line (I had this), a broken pipe (I've had this), a roof leak (and yes, this too), a vent boot on roof that was damaged allowing rain to enter the roof and run down the wall (you know how I know this, right?). 

I want to come out of it with some portion of equity, but also want want to keep the deal sweat enough for the investors to enter.

However, when local Impact is included in our evaluation we enter a completely different dynamic of wealth building.

I entered the exact numbers on the property marketing packet.