Not unusual to have more than one person on the deed.  

The money should always be nurtured and available before the deal flow opportunity presents itself unless you can get an unusually good buy-side contract

Well this is shaping up to be the most unusual landlord experience for me.

The more detailed the agreement, the less likely you are to have problems.An even split would not be that unusual even with a 80-20 split on cash, if the partner with less money had more time or experience.

That would be unusual.

It's also somewhat unusual in that most row houses around have slightly bigger, more usable third bedrooms.Do you think this will be an issue?

I'd also drop the time for due diligence, as you can contract in a couple hours and set a closing 30 days off as customer without all the BS of exit strategies which is what the attorney will be fishing for, unusual circumstances.

Ohio has some unusual circumstances with land contacts, if the vendee defaults and has less than 5 years and less than 20 per cent equity in the property you can evict vs having to foreclose.

I think my story is not unusual, in that I'm on this path after reading Rich Dad, Poor Dad.

a strategy @Manny Cirino that has been around a long time is master leasing distressed properties for JV cash flows, as the foreclosure auction approaches the rent decreases, it's not unusual to charge 80 per cent of market rent, and 70 percent of market rent last 90 days of foreclosure.Jv s can be anything, 50 50 etc.