Understand what they need and how I can supply those needs.

It depends on how you structure it. 

I am new to real estate in general but with some help, I’ve structured a business plan for the model I would like to follow.

I am new to real estate in general but with some help, I’ve structured a business plan for the model I would like to follow.

Is this something that should be supplied - or should i expect to be told a price, address, and do all of my own due diligence to make sure it checks out?

Colleague provides the cash, I provide the rest (deal analysis, negotiations, closing, repair planning and execution, management etc)What I’m curious to get the opinion of BP on is what’s a reasonable way to structure the split of profits?

I wonder what important structure has been added to some contracts that a partner may have felt was helpful in unforeseen events.  

On this particular deal, there is plenty of parking and there is also a lot of raw land behind the existing structure.

The roof structure was caving in, the dormer was not put in right and showed signs of leaking, floors where very oft needing a complete replacement, furnace and water heater was under water and now needs to be replaced, the downstairs basement had signs of mold.The positive side of things was the lot, the lot was very large.So my question to the community is(1) Is this normal in foreclosure property?

@Sarah Barrett It really depends on how you buy and structure the deals.