@Alli Issa  some property is just functionally and socially obsolete... it appears that area is that way.unless there is some massive effort by the city to pump money into the area to change those characteristics then in my mind its extremely risky . work on something else.. even for free those are not deals.

I don't have a lot of income or assets so it wouldn't be easy for me to quality for a loan.I do, however, have some high-net-worth friends that are happy to invest with me if I can find and execute the deals (primarily run-down residential properties with potential to add value through rehabs.)I recently completed a very successful rehab project in a partnership like this.

I just wanted to make sure a partnership is the right answer for both of us long term.  

Your business card should have the same function.

My mid-term goal (3-6 months from now) is to form or join a partnership with equity partners who aren't interested or able to be involved in the day-to-day and I can provide sweat equity in the form of making sure the process happens on time/budget/standard.

My father in law has always done things about 70 percent and the house is currently in that semi unfinished state (I spent 5k just to have it cleaned and functional before I moved in).

I am looking for advice/partnership/thoughts on if it would be a good investment??  

Personally, I'd try and get my housing expenses down to nothing but that could be a function of the market I am in - Chicago.I hope that helped!

They essentially will need to apply for a tax ID # (ITIN) since they normally don't have a SS# and setup a U.S. bank account to take in their distributions from the partnership which are typically paid quarterly.  

My name is Scott McLeod and I'd be happy to help you find your next investment property and hope to also build a long a fruitful partnership.