You are possibly leveraged too high to make this deal with lender. they may be skeptical, because you may not have enough skin in the game(YOUR MONEY) some one financing the down payment is normally a no from a lender on investment property

Make the payment similar to his rent so you know he can survive and pay on time .I’d rather have the guy give some money down so he has skin in the game . 

They can block out any sensitive information and/or account numbers.3.

More price sensitive folk will probably consider Sunnyside / Woodside.

But if you have thick skin and can deal with some BS, there’s money to be made there. 

Just a few ideas, but there are a million ways to skin this cat, it's exciting to think about.

I got paid off you got the house.. and in those days you usually got 5 to 8 grand back in cash out... now that was too aggressive and when landlords turned the keys back in in 08 to 2012 it was usually those with no TRUE skin in the game..

However, over the years the IRS has become very sensitive to the issue of "basis shifting". 

I thought it was better to bring him in as a partner (with skin in the game as well not just sweat equity).

If he’s getting under your skin, you really should consider evolve.