That's what's really had the biggest impact - most of the owners were part of an initial investment group (incl. myself) when these units were initially built.

I want to leverage my friend/partner for credit i.e, take the mortgage solely on his/her name.I would like to structure the deal so that we both share everything (rent, down payment, mortgage payment, taxes, insurance, hoa, property management, maintenance and repairs, vacancy) on a set ratio upfront at the beginning, anywhere from 20(me)/80(partner) to 50/50.The idea is that I get leverage on my investment without my credit history being impacted.

The schools aren't great but they're bad across the board so I don't see it impact vacancy.

@Reginald DearmonIf each person guarantees the payment amount, it will impact everyone's DTI ratio for loans in the future.I.E.

I would like to hear more comments about the impact of a Data Center facility.

I'm starting out new so solid advice and an impactful relationship is what matters. 

We are currently both unemployed due to the impact of Covid-19 on the tourism sector but have more than enough money to pay the entirety of the lease and security deposit upfront.

(The inquiry will have a minimal impact on your credit). 

I feel like it has worked out fine for my family and I to be successful investors and still care about the impact of the decisions we're making. 

How would that impact how we file and how would it impact the benefit that we would get or NOT get as a home-based business?