Just have a lawyer make a joint venture contract where the details are spelled out.

I have 5 tenants that are on a joint lease schedule to move in on August 1st.

I have 5 tenants that are on a joint lease schedule to move in on August 1st.

@Jason DiClemente- how can I find joint adventure in inland empire, ca any recommendations.

As co-habitants their rights are joint and providing a key to one is the same as providing a key to both.

That is a clear benefit.What you are reading about the potential for joint ventures with disqualified parties is A) gray area, and B) something that would only apply if an IRA and a disqualified party were jointly purchasing an asset from scratch together. 

I had insurance on the property, so im covered in that aspect, because they are rebuilding my unit as part of a mass rebuild project jointly with the HOA insurance.

Here are some ways you can raise capital: 1) You can raise money through your family and friends, 2) seek a private money loan, 3) syndicate or joint venture the deal, or 4) ask the seller to carry the financing.With the seller finance option, you may still need to bring in a down payment, as it depends on how you negotiate with the seller.Where to raise capital is pretty important but how you structure your deal to entice investors to want to take part in your deal is equally important.

I'm looking to get into a deal with my fiance but she has an average score and some collections on her credit.Should we start the empire with joint credit or just lock in our first deal under my credit?

Without any more knowledge than what’s contained in your post it’s an envious position to be in and there are a wealth of options available to you ranging from a joint venture to self performing on a new development to long term hold.The only people who will be able to accurately answer your question are a licensed appraiser or a broker(s) who specializes in land or commercial/residential properties.