I'd love to do something with it, but don't have the money or experience to go it alone.

From this book, I took that business trips such as travelling to go check on your houses  are tax deductible.

However I am incredibly driven and I have the time that he lacks to acquire and manage these properties if need be.Now regardless of whether we are friends I am going to assume a contract will be the best way to go to maintain our roles and be held accountable for our part in the business.

I tend to go for 2-3 year loans from my private investors, but payoff somewhere between 18-24 months, but I am not a flipper. 

For example, lets say they need to go into a nursing home or hospice.

Does anyone know how to go about adding a person to the title when the property is in a trust? 

You have to go through the pictures or better go and see them as potential tenant. 

Usually, new LLC is the way to go.

There's no reason you can't get a more accurate estimate to go off of.

I'm sure you could find someone much more qualified, however I have a very good friend that lives in philly that I'd love a reason to go visit.