@Robert Foster, The most successful tenants in common ownership's I've seen (not structured as an SEC 2002-22 offering) have all had a separate managing entity that operated the property on behalf of the tenants. 

One more tip – people remember stories that trigger their emotions.

Thanks, @Dave Foster. 

Quote from @Dave Foster: @Prithvi Sri, Option 4 - There is some strong case law that indicates and a contract to purchase real estate that has been in existence more than one year may be considered the same bundle of rights as the real estate itself. 

@Dave Foster Thank you very much for that explanation.

@Dave Foster thank you so much for the thorough response.

I use the Sheriff's office so it carries more weight and takes any emotion out of it.4.

Perhaps, one intangible is what’s it like emotionally, mentally etc having that student loan?  

I used to do an additional refundable pet deposit and no extra pet rent, but due to the recent trend in emotional support animal letters, I no longer have an extra "pet deposit," just raised my total securty deposit overall for everyone, as you can't get a different deposit for an ESA or support animal. 

@Dave Foster can clarify...