It's a document for my wife that gives details on how to arrange our investments should I die unexpectedly.  

@Biju Kurup the most common arrangement for a JV deal is when one person knows how to operate a deal, but has limited capital, while the other person has capital, but not the inclination or skill set to operate. 

Here's my question- in this arrangement, I think who procures the material is critical for tax purposes...if I purchase, and GC reimburses, then could that be viewed as income?

We're a fund so have committed capital - that's different than dealing with an individual/firm that is arranging on behalf of another firm.- That goes for banks as well - where are your banks funds coming from (image you were closing on Monday with SVB as your lender... )2) I believe its prudent to collect a small deposit from a client before starting work - we typically close $5M-$15M a month in transactions we need to know the client is committed before we start incurring DD and more importantly legal costs (loan docs) our average loan is close to $1m to give context.

Tell your brother to admit the identify theft and make payment arrangements, and use that to clear up the item on your credit report.

If you need more time follow the event I can arrange a time to unlock it.

@David VanWinkle I would use the month to month arrangement to your advantage for a little bit when you first take ownership.

If your HVAC guy doesn't have your master key you need to arrange for it between the two of you.  

I like the idea of getting a premium while my property is used to help those in need and freeing myself from my current roles as property manager and referee.This potential with this model intrigues me; My question for the community is: how could I structure a legal agreement that would protect me from the potential downsides of this kind of arrangement? 

Seller financing is a mutually beneficial arrangement if you do it correctly.