If it's an arrangement where your equity partner is just providing funding in exchange for a percentage of the profit that's one thing, but if it's a demanding partner or one you don't see eye-to-eye with it can lead to them pushing you to make decisions that might harm your real estate business.

The non-occupying borrower arrangement may never be used to develop a portfolio of rental properties.  

Throw out the old filter which now resembles something you could shave. 

Shoot me a PM and we will arrange something.

😉Make the arrangements as soon as possible, inform the seller to avoid pressure on any buyers.

We arrange wholesale assignment fees on the HUD, paid by seller.For the buyer, we would finance it if the property appraises higher than the 157,200 and we agree on value - Just like a typical deal.

For example, if the property purchase price is $100,000 and Scott has $10, 000 of personal funds and wants to use $90, 000 of solo 401k funds, the transaction can be structured under a tenancy in common (TIC) arrangement, resulting in Scott owning 10% of the property and his solo 401k owning the other 90%. 

Would be willing to do a meet up one on one or arrange a time we can all get together. 

That being said, I want to make sure that I am not stuck in the arrangement if he ends up not being able to pay rent.I would like to know more about how you structure your rent with option properties. 

Arrange for the turnover as you usually do.If there are any laws in your jurisdiction that require you to notify future tenants that a death occurred on the property, then follow them.