Most tenants do not appreciate kindness or reciprocate by caring for your property.

Your questions are good and appropriate— you will have state and federal forms to take care of.

The borrower should always ensure they have a solid estimate of how long their project(s) will take and run various scenarios of numbers to select the most optimal terms.

Nick Vertucci.. of course he is a guru so many on this site don't care for those guys.. but I started with Nick funding his first deals for him in Detroit circa 2002 .. very proud of what my friend Nick has done..

Be careful as there are some teams that will take a split and offer little to no training and little to no leads. 

Jeff Be very careful with the use of the word "partner".

He is supposed to take care of the property and find a tenant.

Your job is to determine if the risk is worth it.If you are are just thinking out loud that you may want to sell in 5 years, given your own statements that it is making great cashflow for 5 years, then who cares? 

If you get this under contract ASAP, have all of your ducks in a row for the lenders (borrower PFS', property financials, etc.) and make a lender selection quickly, I don't see why you couldn't close by the hard date. 

Buyers are going to use the property as a group home for people with disability and elderly care.