<prompt> Human: I found a house in foreclosure near my work that was the perfect sizelocation. I told my brother about it. He wants to become financially involved and put money towards the house and build equity anticipating profit. He also wants to find a renter for it, and take half the rental proceeds. I am not so sure that is good for me, but I dont have a lot of money, and he does. There is a long story attached to this, however. I will try to be brief.TO BE CLEAR: The house is in my name, I have the final say on everything! I just want everything to be fair.Is it fair that he pay for 12k worth of repairs and then ask for half of all rental proceeds? We could likely fetch 1,000month to rent out the first floor, and I could live in the basement. The mortgage payment will be around 1,200month. I can afford to pay the mortgage payment on my own, but I wouldnt mind some help, as that is about the most I could possibly afford.What if I said, okay, you have to be landlord, though? Since the tenant will be someone he knows, and I wont be living there. Does that make things make sense?Here are some more details:My brother is a local businessman, talks to a lot of people in business and city government, and always seems to have his ear to the ground. When I initially told him about the house, he looked at it and told me this: The Park District wants to buy the property as soon as possible, but they couldnt bid on it immediately because of Federal Housing Authority rules. Basically, first time homebuyers like me get the first crack. My early offer was accepted and the Park District was shut out. His story about the Park District wanting the house was corroborated by multiple unconnected people.My brother convinced me that the house can be flipped for a good profit, and I believe that is 100 true. The Park District will at least give me fair value, and the home was already undervalued because of broken pipes in the basement and mold damage, and other small necessary repairs. Upon close inspection, all the repairs turned out to look scary, but are a simple fix.I was unable to pay cash for the house, and had to finance it with an FHA 203k renovation mortgage. This means that all the repairs re: the broken pipesmold in the basement and a few other small things will be tied into my total mortgage. Few lenders are interested in these types of loans, however, for a lot of reasons that dont need explaining. Even worse, the lender I found made me go through ONE company for all the repairs. I could not do the majority repairs myself, which I wanted to do, and I could not be the general contractor for the job, either. I got several bids from general contractors, but they were all came in around 30k. Doing my own research and talking to everyone directly, I learned I could get everything done for around 12k, with a small amount of work done on my own. But only if I had the freedom!Thats where my brother comes in, again. He offered to have his company GC the project. It will save me a lot of money, but now he is inextricably tied to this house. Like I said before, he wants to throw in money, pay for all the repairs, and build equity. This will of course decrease the interest paid on the house and benefit me, but I am worried that he will want to start making decisions regarding the house, and I will be pressured to give up total control.I feel this is a very complicated situation and I definitely havent told the whole story, but I cant seem to figure this one out on my own. Thanks.  <response>: Based on how you described it, it sounds like your brother is trying to rip you off. 