I had a tenant recent put a money order in her mail box (the non-locking kind at the end of the driveway) to be mailed to me.... and was somehow suprised when I called asking where the rent was.

That got us asking all the right kinds of questions.

Which, I guess, begs the question: what kind of investing are you looking to do more of?

My brain feels kind of fried right now, so I need help thinking through this one.

I'd say I can't believe all the welcomes, but I know that BP has the most generous and kind group of people anywhere!

Amir,Thank you for your kind words.

Here is a duplex that has the potential to break-even, if not net a little cash, from day 1: http://www.redfin.com/CA/Los-Angeles/104-N-Harper-Ave-90048/home/7093197My question to those more experience is, say I wanted to approach my investor friend with this property, what kinds of deals could we structure such that he'd be willing to invest in acquiring the property, we both acquire interest in the property, and we each obtain some sort of gain in the long run.

Ben Leybovich, thanks for the kind words.

I'm wondering what kind of agreements people have with their tenants?

Do you know what kind fo investing you hope to get into?