So long as she pays $5, she would not be able to eventually try to claim ownership of the land where her home is? 

If you believe these tenants may eventually buy a home, you can record the judgement creating a lien and they would need to pay that off to get the financing to buy a home.

As the saying goes, fortune favors the brave so I'm sure you'll eventually do great there.

A lie from the seller started the whole thing, which we eventually were able to prove, at least to the satisfaction of the judge.

This is in addition to cost savings.My thought coming in is that if I do want to eventually have my own team, wouldn't it be beneficial to get my hands dirty even though it is more work at the start. 

Given the scope of the property and the eventual cash flow this just isn’t that much.

They will accept that this is something you do and will respect your ability to manage this part of your life.As time passes on and you find this love of your life and the eventual marriage proposal ensues, the time will come when you’re going to want to separate business from pleasure.

However, you'd eventually need to establish a business entity to receive funding (usually costs $100-$200 to establish sole proprietorships/LLCs in a given state).The funding I'm referring to is called business credit funding.

I'm thinking we would split everything from buy to rehab to expenses and rent...and eventually profit from the sale.I'm not trying to make this too complicated, but it would be my first such arrangement, and I'd like it to be right from the start and of the utmost integrity.I value your input as experienced investors in the BP community...thanks!

I want to be a part of every aspect of REI eventually, but my focus has, and i believe always will be buy and hold.