Even more important, ensure you are brining something of value to the table for your partner as J Scott mentioned.

That ensures you don't spend it on other things and that you know exactly how much you have available to spend on the next purchase.

Would adding a layer with a trust ensure I have a layer of liability protection?

You just need to ensure you have a great property mgr and to ensure all your reserves are there above a cash flow for you.

My initial thought was to go back a re-negotiate a 6k contract price with the seller and the end buyer would take care of the back taxes once they purchase the property however it sounds like the title company will ensure these taxes get paid.  

He was less successful dabbling in the eugenics of race, proposing financial rewards for the poor and those he deemed genetically disadvantaged -- that’s code for black -- if they volunteered for sterilization.There is always risk of overreach when people venture outside of their skill set and into other fields.

It is not the last months rent, it is a deposit to ensure they leave your unit in good condition, not incase the decide not to pay rent.

The requirement is to ensure the financing is compliant and to do that you need to understand not just business law and RE law, but also financing laws.

Odesk holds back your first payment to a VA for several days, to ensure you are satisfied.)11.I always pay by “Bonuses”.

Numbers look good...You can always stretch it into a 20 or 30 year loan if you need to ensure positive cashflow.