Other than Allstate, the other insurance we used is American Family Insurance.

because the deal doesn't work  for me...it doesn't meet my criteria, however, it does meet the criteria of other buyers I know, so I slide these deals over to them.This is common practice...and not some "slight of hand" that assumes if the deal is a good deal I should be taking it and not passing it on....and yes, there are times when I pass a deal on because I don't have the time, at the time the deal is available, to execute it.  

If in fact your "partner" is the only one on title, he likely has the legal right to execute all closing docs and receive all proceeds.

I was employed by the American Red Cross as the Service to the Armed Forces Specialist at Fort Bliss, TX, and I served as a Parent Educator for the United Way. 

If an optionee is required to do anything to maintain the right to purchase, such as pay rents on time, you don't have an option, you have an installment sale or a sale contract.The heading of a contract at the top margin does not define what type of contract you have, you don't just declare you have an option, the intent of the contract and the terms will define what you have.The intent of a sale is spelled out in the Tax Code with the IRS, it is based on international accounting requirements, look up asset recognition of real estate options.The IRS is not some lonesome dove, all agencies under the Executive and Judicial Branches work in concert, in other words, if the IRS determines requirements all agencies and courts will utilize the same requirements to make their determinations.These "intent" rules go into effect this year, 2016.

If title is held by all three, then you will need all three to execute any contract.  

I believe as you grow your knowledge, your network, and your confidence through executing more deals your risk tolerance may adjust. 

If you have the raw materials of a good deal take it to someone who already has the skills and funds to execute it.

So I'm aware of the importance of home ownership, and would like to help others achieve the American dream.

Regardless of the education path you choose, the real issues lies with a persons ability to execute the knowledge they have.