My property manager recently proposed a partnership between he and I on my current rent house.

@Brieer DoggettIt all depends on your confidence in the proposed investment and your tolerance level with risk.

@Lorranne JimenezSince you are also interested in fix and flips, I propose the following action plan.

Please propose some equitable arrangements.

If these are the roles you need filled, then write up a proposal and a list of "wants".

The majority of the proposed legislation targets 5 units and above, although mom & pop landlords will be affected by some as well.It could get a bit more difficult to be a landlord in ConnecticutSome of the highlights:Requires landlords to give tenants pre-occupancy walkthroughs using a State Generated form to reduce security deposit disputes.Limits on application fees and allows prospective tenants to submit their own screening reports.

I was thinking to propose that we lock into a purchase option price for when the the PPP goes away, and in the meantime I send him rental payments each month equal to the mortgage (maybe a drop more). 

It appears you are proposing to wrap her existing loan with a new loan at a higher interest rate.

I often look up property tax rates using the link at the bottom of ripropinfo.com and always look out for the little footnotes which let me know if that's the case.Also be aware that Woonsocket currently has a proposal in the works to do the same.For Providence, it got so bad after a few years of big non-OO tax rate increases that an organization of landlords formed, the Providence Apartment Association, to fight it, with some degree of success.

Roy, I'll pick up suggestions in your other thread.Shari, other than ID and the buyer's copy of a sale contract I usually don't take documents from a proposed borrower.That said, I have, I have been pretty good at sizing people up quickly, how they carry themselves, how they speak, can they convey an idea easily, level of comprehension on the matter, even body language is observed and written materials are important aspects to me.