Make sure you have a solid contract outlining your deal.

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

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.

Hi Jon,I outlined the duties above.

Outline where you want to be in five years.

Check the 800 section and that would outline lender cost of loan.

., thinking about what was said earlier, I wonder if the other parties on the mortgage as "borrrowers" must not also be on the related promissory note that outlines the payment structure.

The staging contract outlines that I (the seller) is 100% responsible for any loss or damage to the staged property at full retail price.I called my insurance company and because the property was a rental property (and is now vacant), they have no options for coverage of the staging material. 

Personally, I split my deals 50/50 - sometimes I work harder, other times my business partner does, it depends on the deal.3) Make sure to outline all responsibilities in the partnership.

I found this post helpful for rough estimates of neighborhood grades in Columbus: https://www.biggerpockets.com/forums/577/topics/312730-a-b-c-d-areas-in-columbus-oh Based on the numbers you outlined, I've got to guess you're dealing with a C or lower neighborhood, and possibly not a desirable area for students.A lot of multi-families in Columbus seems to fit the "1% Rule" fairly well with their list prices, which would put estimated monthly rent on each of the 14 units at $350 - pretty low for Columbus.