The operations and money goes into the LLC bank account for shared responsibilities and expenses. 

I'd be happy to share my letter of intent we are submitting.

Are you comfortable sharing what you think "politics" is like in Asheville.

Quote from @Taylor Cameron: Connect with me and request my "Remove Tenant Addendum" and I will share the simple form I use.The key is to use a clear, written agreement spelling out who is leaving, who is staying, who takes responsibility, what happens to the deposit, etc.

Thank you for sharing the info.

they don't share information well.that was in PA, so your experience may be totally different. 

IF you’re willing to give up a larger share of the total profit than you would be giving up with interest on a loan, then what you propose is doable.  

We can partner up or share info.  

Can you share if you ended up renting to them or not and how the experience was/is?

House hacking a 4-plex is an option if you don’t mind more shared walls and mixed income neighbors.