Seth,To fully be 50/50, you will need to get the bank to lend to the LLC, and have all parties as guarantors.  

Those who wish to be more conservative might choose to rent for 24 months or longer.  

I would love to ask questions and get more involved.I have slowly been buying rental properties for the past five years using the old fashioned and conservative method.

As an investor looking at growing a portfolio you want to be able to look at your assets, remember this is no longer your home, from an unbiased 3rd party perspective.Now, I'd recommend you do a complete analysis of your investment property.

But it only takes one bad year for that number to jump, so I prefer to be conservative and say expenses will be 50%.

With electric baseboard you can control the temp of each area , easy to conserve if you try .  

Just so it's clear to all parties, add a statement under Special Provisions "Buyer and Seller agree the Earnest Money is made payable to Company, LLC and is Non-Refundable".  

Once you get going it may get easier but the hard part is getting going!  

It's never become an issue, but I acknowledged the issues with benefiting/detriment party in a friendly manner.

This is however subjected to an acceptable terms by both parties involved.