I'd try structure something that was a win-win for both of your (ie where both your interests are aligned)In a traditional buyer/seller relationship, every $100 reduction in price you negotiate is $100 less in her pocket - not a good way to maintain a friendship.I like Luke's idea.

I also believe that deals only really work when everyone's interests are aligned (which is why I'd never buy a flip, or flip myself).I will be going to the SF Real Estate Meetup that J Martin organizes tomorrow, if anyone else will be attending.I very much enjoy learning and am always happy to share my process and lessons I've learned with the community.David

Linda, in my opinion, with the right mindset or what I call the "inner-game", aligning your:Head - Imaging what is possible Heart - Connecting your purposeGut - Trusting yourselfAnything is possible as I know it to be true in my situation.Good luck!!

Well... in the next 12 months the new US 380 alignment will also push up prices in places where it will go. 

.: Thanks for the insights @Robert Ellis.I'm totally aligned with your views on lowest cost/risk and the idea of basing equity on the valuation of each partners contributions.I'm struggling with how to apportion equity (if at all) based on how my partner is proposing to do the construction financing; my land is collateral for the loan (I retain title vs transferring it or selling it to the partnership), the land is in second position at payout, I'm co-signing the loan, and my partner is not making an initial capital contribution.   

I always recommend the following basic steps :Educate(podcasts, books, internet) to find a strategy you align with or that aligns with your life. 

These are very much aligned with what I was thinking

Wanted to follow up with everyone I'm pretty sure my ducks are aligning this Bolt Creek fire is not helping but I spoke to the state and obtained the process to start my driveway project come spring 2023.

You can try to institute stronger late fees, offer to accept the rent in two payments, work to align it to the date when they can pay, or if the tenant is otherwise great, just roll with it.  

Once you have identified that narrow down your search to two or three options then consume as much of their free content as possible and make sure you align with them.