Are co-ops even technically an investment (considering you don’t own the actual space)? 

What do I need to do differently in regard to screening, writing up a lease, and actual management of this property? 

This is actually not a unique scenario.

So you can actually split this proportionately to the usage of your home.

I have a piece of land that I wanted to build to rent or build to sell. 

They are a Purchase & Sale Agreement, Title Report, Power of Attorney, Disclosures, Closing Statement, Payoffs and a business card to a good attorney to get you out of the mess you will create if you try doing this on your own.But use somebody, like us, that actually knows what they are doing to learn this.

From a simple SSL cert issue to an actual compromised site.

If it was me, I would actually want the owner/tenant of the property there so I can work with them and slip in a few questions about the property - remember they know the property better than anyone else as they live there. 

I was actually in the process of opening one a couple months ago with a credit union. 

We could do what we did before and just save up a down payment -- I'm sure we'll actually have enough before we're ever able to find a good deal again :) But we are wondering if it would still make more sense, if we're able, to use equity in our first one for the down payment.