I've had folks (family members, business partners, etc.) do this as a way to either (1) come up with the minimum investment if neither party has the full amount alone, or (2) diversify; meaning, if minimums are say $50K and you only have $50K, you can invest in two deals instead of one by combining money with someone else looking to invest $50K.Disclaimer: I'm not CPA or attorney, just speaking from my own experience!

There is sometimes seasoning issues that trip up folks.

Hey Folks, Recently bought my first multi in New Haven, CT, I'd say it's a B class property in a rougher C class neighborhood.

The faster you can get folks to make a yes/no decision based off pictures, the better.

Hi folks,I want to purchase a duplex and each half is owned by someone different.

Curious on what folks thoughts are.

Yet I know that folks do find deals: Northern ON seems to cashflow a bit, duplex conversions in towns around GTA are still somewhat positive, etc.

You'll want to have a clear system and rules for how folks are billed.

I respond with "have you reviewed the requirements which include.....blah blah blah) and I rarely hear back from the majority of folks who initially sent a request to view the property.What you are doing is correct and a good timesaver to weed out those who do not meet your rent requirements.

Note that I have absolutely no problem with folks earning what they are worth (hey, power to you!)