Holding funds in a separate account that is named "Tenant Security Deposits" would probably be a good way to structure it.

There are specific legalities around interest and how financing is structured.

I want to get the partnership structure taken care of ASAP so we can agree/disagree, negotiate and move on.My partner is out of state (California), and he will find the money (his network) for the down payment.

The upsides to a condo purchase include not having to bother with landscaping or structural fixes.

These can be your own prospects, if your marketing is producing them, or from wholesalers and agents.The key to this business is the ability to recognize, structure, and enhance profitable deals.

I was able to structure the deal to purchase the land for only $1k and the extra cost went into the duplex, which allowed me to finance a lot more of the cost than I would have otherwise.

I was able to structure the deal to purchase the land for only $1k and the extra cost went into the duplex, which allowed me to finance a lot more of the cost than I would have otherwise.

Is it true that for the first year a seller doesn't have to pay taxes on a seller financing structured deal? 

Consultants like MEP and structural and fire systems are typical consultants we have that are like a GCs subs.

@Julie Myers I closed on one property in February of this year and one in July of this year and just lost a deal due to an unforeseen structural problem and had my credit pulled all three times.