Not just text on a document.

When you go to get your primary they will find those homes are connected to you and asked for their documents.

Word documents work but when are you doing an long application, they are always space constrained and can’t have conditional entries. 

I am looking to work/meet with local investor, real estate agent or anybody to provide me with guidance or form a mutually beneficial arrangement .

Here are 3 links from va.gov directly:https://www.benefits.va.gov/HOMELOANS/documents/circulars/26_19_30.pdf?

It sort of seems you're past the point where a lawyer would've been beneficial unless your intent is to sue each other.

Request supporting documents to prove the tenants pay and pay on time.3.)

@Jaysen Medhurst @Steve PuglisiWhile traditional financing is preferred in regards to loan terms that are more beneficial to the borrower, however don’t underestimate the advantages it has long term. 

Ask to be copied on any documents.

Is there a specific form that should be used for termination and authorization to disperse funds (earnest money) or is just a typed up word document signed sufficient?