Without knowing what the loans would be from him, the interest rate, and the potential profit, it makes it difficult to really judge this agreement.However, based on everything but any potential loans now and in the future from him to you regarding the cars, I will give you the following analysis:1 - Your cost will be $150k (the cash DP).2 - Assuming no cars are involved, based on the projected yearly CF of $18k/year, it will take you over 4 years to reach the $75k in profit you will get before he takes any share of the profit.3 - After you get your initial $75k, you will be getting $37.5k (your half) in CF from then on. 4 - Since the first $75k recovered half of your $150k DP, and you will be getting half of that after that, it will then take you a bout 9 years to recover the other half of the $150k you paid in cash. 

Hey @Alicia Hall, we self manage our north Idaho lakehouse from about 360 miles away and it is pretty much cake.

Are December 2nd half/January very slow months and can we expect it to get better?

Check a 2, 3 and 4 mile radius To assure that the square footage of storage per person is on the low end.

Unfortunately, I’m in NJ and here you cannot charge more than 1.5 months for deposit which means, I can’t do a pet deposit as it would be the deposit amount over the month and a half.

Right now my main goal is to acquire a property to be a rehab rental with in the first half of 2022( On Market Or Off Market).

I seem to recall most of them setting it around half of a normal security deposit.

Based on the initial project schedule I will be there full time during the week (Mon-Fri) for a year to a year and a half, and am looking into buying a small multifamily property to live in while I'm there.

Based on the initial project schedule I will be there full time during the week (Mon-Fri) for a year to a year and a half, and am looking into buying a small multifamily property to live in while I'm there.

Regarding your question about remaining a dependent - As long as the child has not provided more than half of his or her own support during the tax year they can remain as a dependent.