Welcome to BP community @Ron Tucker It is a great place to meet new friends and learn about various aspects of real estate and more.

There are important aspects like what is part of the house?

Welcome to BP family @Garrett Pearson You came to the right place to learn about various aspects of real estate and more!

Let them know that you are happy to close all of your deals with them if they can help you learn this aspect of the business.  

So, makes more sense to usually form a member-managed LLC if you really want the management aspects of a JV but the flexibility and liability protection of an LLC. 

Welcome to BP family @Brian Andrade It is a great place to meet new friends and learn about various aspects of real estate and more. 

Another aspect to the relationship is that my partner is my brother.So, I want to be completely fair in regards to an equitable return of his capital, but also not discount the work involved in all that I am responsible for. 

I can't get over that aspect of it...

Now, if she has been late before, is messy, has long term guests without permission, and tries to get other things by you or creates issues for you outside of the financial aspect, that is a different story.  

One aspect of RE buying and selling that we are not very familiar with is Lease Optioning.From the perspective of the investor I understand that you take over payments of the mortgage while the mortgage stays in the borrowers name but I want to understand the details of this a little more.