Please be careful and talk to legal counsel and a CPA on this. 

Hi Harv,The typical structure between the sponsor and passive investors is an 8% preferred return and a 50/50 of 70/30 profit split.

but what creates this out of state frenzy is anyone can do it.. that has 20k in their pocket and desire and a 640 fico.. that's it.

Instead, they recouped my costs on the investment up to that point (which I think was inspection, maybe appraisal, and a couple other odds and ends). 

IF you are set on that you want them to grow with you then you can set a number and a dollar figure for this position. 

Not get rich quick schemes.I have young children and a job i got let go from a while back.

To my surprise, Jonathan claimed no knowledge of this situation; I sensed some defensiveness on our call.The damage to the home was extensive enough to require two holes to be patched in the roof and a small hole in the bathroom ceiling to be repaired.

I would unload, and a lot of people do.I personally feel I would be setting a piss poor example of fiscal economy for my children. 

So, I put together a spreadsheet comparing what I've been told that others buy and a couple I've done.

Although I understand many of the points about "he may be completely safe and a good tenant", the bottom line for me is that at the end of the day, I don't want people like this associated with my life in any way shape or form..... don't need the anxiety or stress....If someone else wants to be the saint and help this guy out, then that's your choice and more power to you..... for people like this, that just isn't me....I don't want to have anything to do with you.... not on a personal or professional level.... you can be someone else's problemIts one thing to have a criminal record and throw them some sympathy and help them out....for me its a whole other deal to give someone the benefit of the doubt and help them out when they are a repeat child sex offender.