Cowlitz:

You raise some excellent questions... Very similar to those found in every partnership that has ever been developed, regardless of whether it is a business, real estate, or property partnership... Again, the key is to think through all of the various issues that might arise, agree to how they should be resolved, and then document it in writting -- signed and notarized... Clearly a partnership of any kind is not for everyone, but if you can find the right person they can work beautifully....