My point is that there are so many potentially dangerous unforeseen scenarios that could effect the two of you, that having a clear legal document should take priority in your evaluation of this "partnership". 

Which documents do we need from the owners?

@Dave Meyer so long as I don't clear out my history and cookies in my settings (which I rarely do), BP will keep me logged in.  

But that may be a document that is mandated by his brokerage.

Would a partner with good credit and income history help avoid the problem?

We handle everything from project scope, estimates, contracts, progress reporting and documentation utilizing our back office platform.

How do you investors prepare your loan documents? 

Currently I'm thinking about offering both debt and equity styles of investments, so I would like to find out the legal documents and procedures in setting up such structure.

Other times you'll see that the HOA is just poorly run and you want to avoid that property.HOA Meeting Minutes - These can be the most telling documents sometimes.  

The IRA is treated the same way as your current IRA for tax purposes, but you will have the ability to invest in assets such as real estate that are not handled by the mainstream brokerages.There are two types of self-directed IRA plans, and a lot of good info here on BP on the topic.IRA Custodians hold accounts and do the processing, but just have a different business model that supports documenting the IRA's investments into things like real property, notes, etc.