I could go on regarding insurance, taxes, etc.Partnerships are extremely hard to execute well, and there is nearly always a better way to structure things to give all parties the things they want without the entanglements they don't.Just a thought...

Hey party people!

A "trending" market in wholesaling means you are too late to the party.

I'm full bottle on the Australian tax aspects but the US part is still very hazy to me.Financing - This is another area that I have a strong understanding of in the Australian market but I'm pretty ignorant in the US and finding information for my specific situation is generally pretty difficult.

There are only a handful of lenders that do such non-recourse loans for IRA owned properties, with First Western Federal Savings and North American Savings Bank being at the forefront.If one of these banks will not lend or at least not on terms that suit your needs, you would need to seek out a private party to act as lender. 

I hate to be the party pooper here but there is a new normal.

You just want to strongly encourage the tenant to comply with the lease.For the new tenant, you need wording in the lease that if you cannot deliver the unit at the agreed date due to issues outside your control including prior tenant refuses to leave or repairs need to be made, both parties can agree to extend the move in date or the new tenant can choose to terminate the contract.

That’s the part I don’t recall.  

Moving around contaminated dirt can make you a responsible party.

I always hire outside services for cleaning/repairs so I have an objective third party justifying the need and expense.