Make them sign an Independent Contractors Agreement and Scope of Work, specifying the draw schedule********Flip 3) I hired everything out separately.

We didn't consider this a gift - we considered this a 50/50 purchase, where he funded his half with cash and I'm funding mine with traditional financing.The only reason I care about the "gift" terminology is if this adversely affects my dad from a tax perspective.As it stands, I have an offer going in with my name only on the offer, and claiming a 50% downpayment that I intend to make with my father's funds (not sure if it's relevant, but I have plenty of cash and income to qualify for the whole loan independent of my dad's downpayment).Does anyone have any insight or recommendations?

Since you mentioned statistics, I'd like to make a few more comments.

Even patented its statistically worth little to nothing.

I read a recent statistic that stated renters with credit scores between 600-649 carry a 31% delinquency rate...Stale bread my friends, stale bread.

Many will ask that I talk to their realtor even though I explain that I'm an independent investor?

Don't even mention him and have something verifying you have money to spend independent of dad's decision.

There are some websites I've come across the create visual representation of statistics by scraping MLS data that might be useful.

My goal is to be financially independent from my real estate knowledge and acquire more passive income with rentals.I look forward to seeing you around the forums and getting and giving good good ideas and strategies to help us all achieve our goals.

Was it previously branded or independent?