All have had equal cash in the deal .None of us have had a contractor level skills so we manage the project together and reimburse each other if there is significantly different levels of work between the partners on a specific project. 

We gave him a discount of the rental rate equal to the vacancy allowance, but within three years had raised it to that mark.

If you are dead, you probably didn't intend that unless it was a suicide, so you are missing a vital element of abandonment. 

If they did laugh, I don't think I would want to work with that kind of person anyways.that all being said, not all lenders are made equal.

We own the building in an LLC that we are equal partners on.

I also have a roughly equal amount of cash sitting around. 

In speaking with pro's on the ground, I have heard an equal arguments for both so let me propose a specific investment thesis:10 year minimum buy and hold (BRRRR when possible but also pure buy and hold with minimal to no rehab that cash flow decently and appreciate).

There are things like cracking along the base of a foundation wall or if it is slab on grade, look for deep cracking in basement concrete which could mean differential settlement of a property which equals foundational issues.

But if you're finding equally good deals locally, then that's a no brainer.

There seemed to be a mountain of things on my to do list and I wanted to make sure I did not miss anything vital.