@Kenneth Fetzer Why would the owner ask you (as someone that doesn't know how to sell a house in Mexico, no offense) to sell his house in Mexico?  

It's not like they don't know who and what, their issue is investigating with "cause" and what is suggested or even admitted to on the internet doesn't meet "just cause".But, when a complaint is filed, watch out, and what was said may then be applicable.I assure you, your law suit case will be followed by criminal action.Entrapment is another issue for regulators, they can and do pose "undercover" but they don't post on the internet, doesn't mean they aren't here.  

Not to mention having to schedule it with the tenant who may or may not have any time for me other than after 7 or 8 when they get off work.Though I do have some owners who don't care if we hire criminals to do their work because they themselves are slumlords hiding behind property managers.

Criminal record was clean.

So none of this "sneaky-petey" (no offense to those named Pete) changing the title from personal to your entity after closing, because the bank would not allow you to buy in an entity. 

I just think that people are attracted to Alaska for the natural beauty and they don't visit AK seeking city or nightlife (I could be wrong), especially when (no offense to Anchorage) there are better destinations for that in the Lower 48.

They're subject to criminal penalties for lying.Just remember, we live in a new world where law and order no longer exist, so these words may not be worth the paper they're printed on.

As long as he doesn't have any criminal history and decent credit (prob not much that young) I wouldn't think it would be a problem.

It's probably not necessary if only one parent is the breadwinner, but better safe than sorry.You can use a standard rental application form for co-signers.Once you've collected rental applications from all applicants and their co-signers, run credit reports, criminal checks and eviction reports on them.

I invest with Family and friends all the time.The only difference is that I put my Family and Friends through the same rigorous process of due diligence as I do for my screening process of candidate tenants.Because you are buying together, I would be even more detailed and careful in your screening process for a partner.I pulled Credit, Criminal, Eviction, Income Verification, etc. on EVERYONE.