I've seen people doing this across the country with no understanding on what incentives they are giving for others to move into neighborhoods which unfortunately may have high crime rates with unreliable and or problematic tenants/neighbors.

If you are busy with a different job, totally understand I would just establish the LLC and move on.

I'm in AC every month and over the last 10 years have got to know AC as good as most locals, Its not like I do not understand the market in the AC area.

The better you understand failure, the better you understand growth.

I understand the cons of bringing him in on this deal, but there are some solid pros as to why I’m open to it.Question: what is the easiest way to structure this deal?

With an overall understanding of the market today, finding a turkey property with gross rent hitting above the 2% rule of thumb seems rather high.

I understand that if they bought a property in a bad area it wouldn't appreciate but if they're positive on cash flow after expenses and vacancy and don't want to sell, how do they lose?  

It's quite long and I understand if you are unable to take the time to read it all. 

I understand there are a lot of veriables and no one situation is the same.

Anyone know a good real estate attorney near the Portland OR area who understands lease options?