I suspect these hosts are buying off bad reviews.

I would treat this investment capital as temporary, less than one year.

When I’m talking short term financing is bad.  

@Ali Mol In a lease-to-own agreement, the $1,666 monthly credit should be treated as a liability (deferred credit) rather than rental income, as it is allocated toward the purchase price.

Any good HML will be happy to share the contact info of borrowers so you can see how easy the process was and how well they treated the investor.Can you share a recent closing document or HUD?

Yes its a very bad idea.

NET 30), etc. and you can use this project-specific agreement as an addendum for individual jobs.Final Tip: Treat the contract as a transparent, collaborative tool to set expectations, not as a "gotcha" document.

Would the person who takes on more labor to repair the property have greater preferred equity or is this usually treated differently?

.), and also need to consider the cost of vacancies or bad tenants.I also recommend you charge market rate, for yourself and the tenant.

Sadly, many people treat them like a commodity.