People don’t usually believe the direct verbal nearly as much as the passively written.Place a flyer in a cheap stand on the kitchen countert explaining that you are aware of the current economic times and you are willing to accept A, B, C as long as D, E are covered.And if other landlords in your area are not using the same approach it makes you look great.

@Ruud Van de BeetenHi Ruud,Thank you very much for the info, I will definitely check it out.

@Wendell De Guzman What if in stead of selling the property, my exit strategy was to refinance.  

I have been doing some research on the Delaware Series LLC.

They, however, did say an option could be to come up with a plan for a system that would dispose of sewage water to another area of suitable soil or off-site to an additional property.It's 2 lots, with one being a corner lot, in a subdivision, on a street with a cul de sac.

I would also suggest to purchase a couple properties yourself before you start investing other people's money.Also, here are my favorite books:Multifamily Millions by Dave LindahlThe ABCs of Real Estate Investing by Ken McElroyThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesCommercial Real Estate Investing by Dolf De RoosTrump: The Best Real Estate Advice I Ever Received by Donald TrumpTax Free Wealth by Tom WheelwrightCommercial Real Estate 101: How Small Investors Can Get Started and Make It Big by David LindahlRaising Private Capital: Building Your Real Estate Empire Using Other People’s Money by Matt FairclothThe Definitive Guide to Apartment Marketing by Josh GrilloInvesting in Apartment Building by Matthew MartinezCrushing It in Apartments and Commercial Real Estate by Brian H MurrayThe 7 Secrets to Successful Apartment Leasing by Eric Cumley2 Years to a Million in Real Estate by Matthew MartinezBurn Zones: Playing Life’s Bad Hands by Jorge NewberyCommercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request by Michael ReinhardIt’s a Whole New Business!

Treat your partnership as a formal company, do the due process, have stuff in writing... don't make the decitions and stuff personal, is a business transaction in which the common goal is an entity of itself separated from you as individuals....Partnerships are good, they bring synergies and potentiate your growth, but be thorough, crystal clear and put EVERYTHING in writing, words (opinions, verbal compromises, intentions... etc.) are worthless when S** hits de fan

@Paul De Luca gave some great advice.

De minimis safe harbor rules say you can expense out items up to $2500.

I Currently reside In Southeastern MI, and have read numerous books involving real estate (Anything with Dolf De Roos, Robert Kiyosaki, and many more).