I'm concerned now and for the future loosely sharing plans that have costed me and my partners a good amount of money.  

Many of our clients have been using Helocs to fund their projects.

I don't think that can count as income, nor do I think future income from roommates will count.

The more I think about it the bigger deal this project is..... 

If I could turn this house into an str then that would really help me with lenders in the future as well.We might be able to qualify without a rental but it will be close.

I'm trying to understand what is the best way to approach a partnership structure for buy and hold properties where one partner is the finance (100% or close to) and one is the locate, manage rehab, manage property, and manage future sale (5 years or more down the road).I'm the one who is not bringing the finance.From what I've been able to see, there are a lot of posts on 50/50 partnership splits for profit, etc where one partner funds and other other partner does the legwork if it is a flip, but so far there is very little info out there for this approach with buy and hold.I've seen some comments stating that it would be surprising to find an investor who wanted to do this as the returns are not that great.

STill no sign of being able to evict and no idea what the future state for the process will be. 

I'd like to rehab his and keep him as a tenant.I purchased PRO as a commitment to my future in real estate. 

I'm concerned there might be rules from the lender that could stifle our future growth.

Each one has exciting new projects on the horizon, like a minor-league baseball stadium in Spartanburg, South Carolina, entertainment districts in Huntsville, Alabama and Alpharetta, Georgia, and even economic development, like electric vehicle manufacturing in Bowling Green, Kentucky.FULL STORY