You should review the power of attorney document to ensure it allows him to enter into such contracts on behalf of the parent. 

I would subject my existing properties to my acquisition criteria to ensure they remained good investments going forward. 

You screen your tenants the same way as any other but do t have to worry about income S section 8 will ensure this part.I have 2 section 8 properties and wish I could convert all mine to section 8.

When we have a 606 or a paseo trail, property values around start creeping up to the point where residents are pushed out. equitable development ensures current residents and people have a plan to stay and enjoy the neighborhood as future residents without pricing people out. 

So, I can ask for doctors note, immunization records, ensure the animal performs a function the tenant can’t do on their own, professional training, etc?  

You also, want to ensure that you set a number for your monthly cash flow per property.

The only way you would pay for the privilege is if you were looking to gain experience and who would want someone inexperienced doing due diligence for them2) In order to stay within SEC regulations when raising capital you typically need to be part of the general partnership so I would recommend checking with a SEC lawyer to ensure that your friend isn’t in breach of any SEC reg’s When raising capital for someone else.

There are some risks and rules, if you are interested in this method, I recommend you seek advice from your accountant or tax advisor to ensure it is done right.2.

Maybe connect with an attorney to ensure they are legit.I always use Cuyahoga Title Services in Parma.

Don't be GREEDY and ensure you make money for your investors FIRST.I give my investors security for their investment.