Right now in California just to keep up with housing demand from buyers we need to build a minimum 100,000 houses a year.

Security and the agreement would be like a storage unit aggreement.

Mainly to setup a business checking account and have an Operating Agreement.

Examples:January electric bill would be named "2018-01-25 - Shocking Electric - 123 Sample Street - OWNER" (because it's an owner bill, not a tenant)Lease for Jack Squat: "2016-02-01 - Lease Agreement - 123 Sample Street - Jack Squat"I follow this basic pattern for managing over 300 rentals and it works very well.Another great tool is to use a scanner with OCR software.

I will be the sweat equity partner at least on this first deal.My question is has anyone else started this way and what sort of things would you recommend besides some sort of written partnership agreement?

Many are legal, some are probably not so legal, some are probably specifically prohibited - so for sure you need to speak with an attorney about your strategy before you dive in.If my memory serves me right, it's what armando built his first guru program on - maybe it was his hair, or his smug attitude, or it was just him... but everything about the "subject to" thing rubs me the wrong way.The entire concept, i believe, really is way beyond a basic or straight-forward deal, and also puts your client in a fairly precarious position where the note could get called at basically any moment, and if they can't pay off the note (which they can't, hence the agreement to the subject to) they just defaulted and are now facing foreclosure - In fact, I witnessed this exact situation today on a $12mil note that got called in UT county.

It took about a year and a half to come to an agreement on how much was owed. 

What did you put in the rental agreement to address this?

4.What is the minimum years of the lease contract for this price?

4.What is the minimum years of the lease contract for this price?