But from personal experience, I'd might do a land contract in which the seller becomes the bank for a time, until  you satisfy the contract, and the deed is held in escrow by a title company.Another scenario is to have the seller form an intervivos revocable trust, put the property into the trust, and assign certain beneficiary rights to you, along with a resignation of trustee (assuming the seller becomes his own trustee) and a quit-claim of any beneficiary interest to you, all of which is held in escrow by your title company.Remember, you and your neighbor can be as friendly now as front porch cousins, but when you throw real estate and money into the mix, ya never know how it might end up. 

A friend of mine owns a lot and wants me to build a spec home on it to sell and we split the profit 50/50.

I can’t count how many people I now consider “close personal friends” have come from people I met on BP.

Hi there,Looking to meet more real-estate investment friend that are local to Evansville, IN area?

I wish you the best of luck my friend!

Tell your friends.  

I am a new investor in real estate and I have a friend who is interested.

I would have a friendly chat with your tenants (neighbor) clearly outlining their responsibilities according to the lease agreement.

Some roaches realize an enzyme when they die that triggers other around them to breed.You'll want to find a bate product which they will eat, take back to their dwelling, and kill their entire family LOLThese are actually more environmentally friendly as well. 

@Ben Haab - An investor friend of mine had an appraiser tell him that he would not appraise the houses for any more than he purchased them for because he had done no work to the houses and there fore they weren't worth any more than what he paid.