Posted by Sgt.Sausage on April 06, 2006 at 15:47:09:
==>I am more interested in the idea rather than this example given.
Well, the idea is silly. If you want a partner in a property, you want an investor partner, not a tenant partner. Tenants (always) have issues, and when you partner with them 50/50 on a house, those issues are now yours to deal with.
Partners are partners, and tenants are tenants. Never mix the two.