You would do a JV (Joint Venture) Agreement with him.

I have a weekend meeting on the 27th in Newburgh at a delicious hole in the wall Guatemalan joint.

I have a SFH in north miami that I am currently flipping with my partner and we have been encountering a little bit of head ache with regards to a few guys standing on the nearby corner dealing drugs.Now we knew this going into the deal however since we've been flipping in these areas and our house is the only vacant one on the block we figured that we would try to rehab it regardless and push these guys out of the area since they don't usually like to take up space in front a renovated/occupied property.Now that we've started the renovation process I am getting a little push back from some of my contractors about working there due to these guys being and I'm starting to research other ways to perhaps motivate/facilitate them into moving from our specific corner.Any advice or experience that you guys have would be greatly appreciated!

@Ceasar Rosas  if you guys are interested in joint ventures keep me in mind.  

RE investing is a team sport, to do bigger deals partnering, Joint ventures are the way it is done.

Ideally you could establish some rental history with the original financing to make it easy to get standard investor financing.In some scenarios a joint venture may be a possibility, but this doesn't look like a good case for it.

We will also be setting up a Joint business account under the name of the LLC.

I have told them that the only payment method we will accept is credit/debit or ACH via RentRedi app.

I have joint ownership in a number of commercial deals that are mostly hands off, but have never made the jump to purchasing single or multi family rental properties.  

Can an IRA act as a joint venture partner where a lender providing a non-recourse mortgage to the joint venture and where the IRA pays its share of expenses directly?