If a neighbor has a filed easement, legally described, and they claim more than the legal description, TI may then kick in to defend you.

But what you're describing is going everywhere and not really a symptom (totally) of a bad broker.

.- From a street view, going up and down the blocks, I couldn't tell if this property is in a highly dense location, or just simply located in the projects. - 1 Bedroom / 1 Bathroom rent is 500.00Look forward to thoughts and opinions 

But I can tell you this, based on what you've described above, if your father is not contributing time, the difference in initial capital is not significant enough for you to feel, over the long run, that a 50/50 split is fair.

I personally have the following view on real estate which differs from the vast majority of BP that I have seen.

And, indeed, if you had a house that had nothing done to it for 27.5 years you would use words like "dated" or "deferred maintenance" to describe that property.  

It seems that all of the investing books, and articles are written from a non license point of view. 

Also read Brandon Turners book as he describes a lot about money partnerships that may help generate some ideas.

The home has been very well taken care of as I could see by viewing the property.  

It is all about their view on mortgage origination and seller financing.I like Leases and ROFRs if I want to sell on "Rent then own".