An executed document delineating duties, expectations and compensation structure.

You can see the crack in the foundation along the back of the structure as well as feel the lean of one of the units. 

You have now started a BUSINESS and the business needs to follow a clear, planned, managed method of operation.  

There was a show about moving houses over  a decade ago that i watched.The property may or may not be move able depending on condition of the structure.

For example, you buy a plot of commercial land and then rent it to Walgreen's, Walgreen's would pay to build their store, they then pay you monthly for the property and they also pay for all other expenses.Check out BiggerPockets Podcast 047: Apartment Complexes, NNN Leases, and Commercial Real Estate with Joel Owens - https://www.biggerpockets.com/renewsblog/2013/12/0...Also a good blog post: Triple Net Lease Investing (NNN): The “No Toilet” Method to Real Estate Investing - https://www.biggerpockets.com/renewsblog/2013/02/0...

Lot of risk to take to accommodate a fraction of a percentage of current users. there are digital methods that are cheap, fast, easy and require little infrastructure already (ex: venmo)

I am nearing the time to build a new residential structure on property I own in Durham. 

Both structures have their separate utility meters.The main house was leveled in 2003 so that will need to be taken care of; 4.5k. 1.5k for drywall repairs after the house is leveled. 

How would I structure a deal to benefit my partner?

@Jill Davis the best method to compare fees is by receiving "Loan Estimates" from the lenders you are choosing between.