Of course we have an exit plan and strategies planned to protect both him and us.

You can look most of that up, since it is public records!

My commercial assets were in LLCs from day 1, so more protection. 

In other cases, which is the most likely situation for you, there is no reporting.https://www.irs.gov/publications/p523#en_US_2017_publink100011876

Only public (wall Street) or local mortgage broker.

If you are not paying him, and he is doing it for free, either way, you still want to make sure you have an agreement with him on payment and enough protection to cover your liability.

If I'm doing business with people who are not in my inner circle I'd be looking to see if it's possible to structure the transaction, entity, in a way that keeps me in full control of the property while protecting the others financial interests.

This topic is one I cannot find information on, but feel it is important to do right in order to protect myself.My HOA requires that my tenants and I together sign a waiver holding the HOA harmless should an incident occur on their facilities.

Harry Borders basically equips all the wholesalers with contracts and best practices for protecting yourself as a wholesaler.

They even offer free classes in real estate related law that I think are open to the public.