I would say from $0 to the amount equal to lot rent.

Are you willing to split your profit with your siblings equally after deducting your business expenses?

Partner A purchased 1 property (A is the only person on title and mortgage) Partner B purchased 1 property (B is only person on title and mortgage) Partner C purchased 1 property (C is the only person on title and mortgage)We have agreed to split income and expenses equally (with an equal amount of capital contributed).

I tell them plain and simple , I dont care about excuses , I am an equal opportunity evictor .

If you are fortunate enough to have cash, you have two financing options:1) Get traditional mortgage at time of home purchase 2) Buy home with all cash, and subsequently get bank financing to take out equityAll else equal, will you get the same financing terms from a bank in these two scenarios?

But, if you think gross scheduled income minus PITI equals net income, you're going to be in for a surprise....maybe not in 3 months, or 6 months, but at some point vacancies, repairs, turn over costs, and capex expenses will raise their heads.

Just switched my tenants over to a new contract under which utilities are split equally by everyone in the house.  

If you make the security deposit equal to one month's rent, many tenants will think they can use the security deposit for rent at some point or another.

Here's some Fannie Mae documentation from B7-3-02: General Property Insurance Coverage:"For a first mortgage secured by a property on which an individually held insurance policy is maintained, Fannie Mae requires coverage equal to the lesser of the following: 100% of the insurable value of the improvements, as established by the property insurer; orthe unpaid principal balance of the mortgage, as long as it at least equals the minimum amount—80% of the insurable value of the improvements—required to compensate for damage or loss on a replacement cost basis.

I've found the properties in Midland/Odessa to be significantly more expensive for equal or less quality dwellings.