I once allowed a roommate to move her boyfriend in after confirming her roommates were on board with it and it became a nightmare. 

@eric I’ve heard Madisonville has been on the come up for “20 years”.... but I will say, working on boarder of Oakley and HP...

Don't buy anything you are not both on board with. 

I'm on board with doing something that's fair and getting the tenant's agreement. 

Because a red flag in one of their underwriting audit platforms came up, in essence, it doesn't matter what is and what isn't on title, if there are violations from the city stay away from the deal or have enough capital or 203k upfront to make them go away.Luckily in this situation, I've been able to get the brokers on board with 203k (which I didn't think was possible when I started this post).

I like appfolio but hate the crazy high “on boarding” fee’s. 

But the only sure thing is that we will continue to get older.This week brought fresh evidence for me, as if I didn't have enough already, that the main question you have to ask is not to decide to do this or not, but whether your spouse is fully on board for going ahead with real estate investing.

Get a qualified tax advisor on board from the start.If there's no lender involved, or if the lender allows it, put the property into the name of the partnership.

W.r.t. your ultimate end goal, would you want them onboard to reinvest to help fund future complete projects (i.e. acquisition, rehab and perhaps even guarantors on long term financing) or to be able and execute larger campaigns?

Once they get through with their onboarding tasks, the property gets assigned to a real estate agent who will get bids from contractors, oversee the rehab, and list it for sale.