I agree with everything outlined by Joel. 

The loan agreement will outline what has to be done for you to be able to possibly receive reimbursement.

If she doesn't qualify, start the eviction process as outlined by your lawyer.

I worked at an apartment complex where we rented by the bedroom and it's very important to outline policies regarding the security deposit, shared common areas, damage charges, etc. 

South Carolina being a lien theory state, one would normally have an attorney draft a mortgage (which creates a lien on the property and makes the full balance due upon sale) and promissory note (which outlines the payment terms, interest, etc).

I have not see examples that outline closing with a loan.https://www.accountingtoday.com/opinion/opportunit...Originally posted by @Michael Saberniak:Originally posted by @Lesley Resnick:It is going to be amazing for RE investors.  

That being said, many of the courses from the MA in RE degree you outlined are offered online and in person in NY.

The biggest part for us was to outline the exit strategy options for both partners.

Also, his strategy is more complicated than his brief outline of it.Sounds like you're planning to hold this house for awhile as a rental.

can you give a better outline of what you guys are thinking?