None of my tenants use credit cards, they all set up direct withdrawals from their bank account. 

I'm saying it's 25/75 per a private agreement and how my parents have set it up in their will as well but for all intents and purposes, could we treat this as a 50/50 arrangement at least when it comes time to sell under the same circumstance?)

Is there existing financing on the property and the lawyer is setting up level 2 deeds to secure assumption etc?

They always set me up with good coverage and companies that work for some of my more "distressed" properties. 

I looked up the property through the county property records office the land use is set as triplex.

Go pay someone who can take a holistic look at your goals and skill set to help you develop a plan for you to reach them.

You could set it high, but then that would limit the renters that will apply.

I would say a conference call or a group text to at the minimum to set up the hand off, then take it to one on one after that. 

Setting a precedent of reducing rent gets into slippery slope territory but a one time gift of something equally valuable has a different feel.

Want to learn how to set up my investment crew and looking to invest for the very long term. 20 years plus.