I would definately make sure you are protected and covered.

Define what you need, find out what they need, and agree upon a move-out plan.

The HOA bylaws don't define subletting and we have continuously asked for a definition, to which we have never received a clear response.  

I want to know how you would define a "B Location"?

Defining your goals helps.

Thanks for defining the term for me.I've told them that this is their problem and that's where I'm going to leave it

Clearly define what your goals are and you will have an easier time answering your own questions.Hope this helps.  

While they are not illegal, they are not well defined in their laws either. 5 out of 6 attorneys told me that forfeiture of a land contract can be resolved, but they can be contested because of the undefined equity.

as an investor, I know that 1) we are in a seller's market, 2) the investment property we sold is in demand from local investors, 3) I had 4 individuals interested in the property, 4) the "market" is reasonably well defined and homogeneous, 5) I knew exactly what price to ask for and what my membership wanted, 6) adding a broker in this case would add no value.

If he is going to invest 100% of project cost (as defined in my prior post) then you have no need for a 3rd party lender.That said, the following issues still need to be defined in order to make the call as to which structure (Loan or Partnership) works best for you (and him):If a Loan is in play:1.