However, I wanted to start some conversations on specific topics in the Indianapolis area.  

Or, conversely, should I actually offer any consideration/compensation for his work now?  

Does anyone have experience with subdivision / condo conversions in nevada county.

His story, which I believe, is that he sold his house, (which his sister and mother were living in), made a profit, acquired a new house and wanted to relocate his mother and sister.I have met with him, I have had a lengthy conversation with him and I frankly believe him.I guess where my question was trying to lead was: how do I construct the lease to include him as the payee.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Consider an "adult friendly" conversion.  

Looking at the different parcels, I have found some homes advertised as multi-family that are zoned as single families. conversely, I have also heard of opportunities where some Single family zoned houses have special zoning that allow an additional dwelling.

My ROI is 2% result in conversations.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

He said to email him a recap of the conversation we had and he'd put it in my file and save if it was ever needed in the future.