This is a parcel split off from a much larger parcel.

When I got divorced we liquidated most of our assets in order to split them up easily.

I bet Joe McCall would agree, you do not need to stick to 3%, and you dont need to split it 50 50 on a LOA.

Hey all,I found a partner willing to split a down payment of 15-20k.

Does anyone you know or heard of use those broker services that don't require you to split commissions, sell a required number of properties, etc. for a monthly fee? 

Developers are also interested in the property, and her family and lawyers are in the process of splitting the (double) lot into two. 

Then, you could meet some leaches there too, those that have experience who "leach on" to newbies to help them and split deals, that's very common in real estate.

joint venture / split the profit and work together 

You can elect to have tenant pay, you pay, or even split the fee I think.  

In return he gets a college rental property for cheap for 4 years building equity and we split the profits 50/50 when selling after college.Has anyone done this before or see a complication getting the loan approved?