TREC forms are widely accepted and current with regard to Texas laws.  

@Dan Zhao My son got a physicians loan through City Wide Home Loans this past June.

The answers could vary widely based on individuals and I believe you already know the standard "answer", so if you could clarify, I think you could get more specific answers. :)

The value of that partner can be paid in equity, equity growth and tagged to future income, my next question is to what extent do I give up my ownership and is it justified? 

@Joseph HaneyYou have come to the right place to connect with the wide array of real estate professionals and investors.

http://imgur.com/a/HxGa9Hi,That's the extent of the damage.Thanks.

I just have some single wide trailers and 1 small house at the moment.

The house is in decent condition, it was a hoarders house and mostly just needs a lot of cleaning, paint and landscaping and an electrical box.The margins aren't wide enough for me to offer him any more than 90k but I was thinking of suggesting a creative solution such as the following.

I am a 26 year old wannapreneur and more importantly, a wide-eyed, aspiring real estate investor.

Hi Account Closed- Floor and Decor and Americas Floor Source are both great places for a wide selection of flooring at great prices.