This means both of you would be on the property title and share responsibilities and profits accordingly.Limited Partnership or LLC: You might form a limited partnership or a Limited Liability Company (LLC) where your friend contributes the capital (as a silent partner) and you handle the operations and management.

Pretty easy to see how this could lead to disgruntled sellers finding an attorney to sue a successful wholesaler after the fact.From an ethical standpoint, the biggest concern is new, inexperienced and relatively unknowledgeable wholesalers tying up a desperate sellers property, being unable to consummate the purchase while the seller, believing he has a solid deal is foreclosed.  

Remember, co-borrowing means shared responsibility for the loan, so make sure you're comfortable with that.

In such cases, it's important for property managers to stay proactive and responsive, while also being empathetic to the tenant's situation.

Thanks for the responses, we have a professional roofer going to the property tomorrow to assess the condition and lifespan of the roof.

Thank you for your response.

I think it’s a sweet deal that you’ve got a long term lease with them where they’re responsible for most everything regarding the property.

Her lease states that she has to switch the utilities in to her name as she's responsible.

The structure and responsibilities of each partner will be laid out in the partnership agreement.

I'd push that to the drywallers though and have them roll it into their cost so you save money. let them be responsible for it.