The numbers and outline of splitting costs etc should have been set out clearly. 

If a new lender has aggressive enough terms, it might make sense to move the loan and pay the additional closing costs.A lender will typically not call the note unless there is some sort of default, but if you're concerned about that, ask the specific lender you're working with to outline what scenarios they might call the note under.If you're talking about a residential property held under your personal name, you might be better served to look for a Fannie/Freddie product that has a 20-30 year fixed option.

There is a legal process that must be followed as out lined in your state landlord tenant regulations.As for the stove, have it checked and replace if necessary, confirm if she damaged it and charge her if she did.

We took care have having the tree pruned and roof repaired, then sent the bill to the neighbour - with a letter outlining our expectations he would pony up 75% of the cost.   

I have some questions regarding what we should do about the partnership and also what are our best options.can someone outline the steps we will need to take in order to make this successful?

Having said that in my jurisdiction while he is liable for rent as outlined I have to make reasonable efforts to mitigate the loss by trying to re-rent the unit.I need relations to be as constructive as possible to keep up with showings and re-renting the unit.

First outline the plan then execute

., methods for tracking spending, lists of contractors, insurance, how tenants will pay us and how they will contacts us etc...) but any recommendations on books that outline a to do list prior to buying that  first buy and hold?  

Jon Buist you could have an attorney draw up a Joint Venture agreement outlining how much capital, work and profit each is entitled to.You could also create a new LP or LLC and assign or transfer the property to it.

I have started making a real estate plan thanks to BPs outline and plan on executing my plan within a couple of months.