For a partnership where you're providing all labor and the broker is funding the deal, a fair split typically ranges from 30-50% for you and 50-70% for the broker, depending on the value and complexity of your labor versus the financial risk they're taking.

There are benefits to using the LLC, holding company, or trust, but they all come with costs and add complexity to your life that is often unwarranted.

Quote from @Robert Frazier: Quote from @Austin Wolff: During my day job of Market Analysis here at BiggerPockets, Boise, ID consistently comes up as one of the best markets for real estate investors.

Consistent with the advice of @Jo Bradley , if I could get through the first couple years financially, keeping current home seems a lot easier than long distance investing...and at least I know what is wrong with my current home (I.e it will eventually need new roof etc). 

@Yixin Huang when it comes to accessing the property and maintenance, you want to DOCUMENT EVERYTHING!

You don't have a great case for a tax appeal here because it looks like it was upped based on the renovation and improvements done prior to you buying it.

They could buy just the battery and not the solar if their problem is really the power company turning off the juice. 

Does anyone have or know where to find a reliable basic purchase agreement when the price has been established?

I am looking to get into the real estate game early and learn as much as possible, especially about house hacking and possibly short-term rentals.

The higher you go in price, the ratios get too hard to make it work without leaving as much money in the deal as you would a standard down payment.