if you will not be i would do as @Ricardo Meza said and carefully remove the grout, but be careful trying to break the tile out with just a chisel, any pressure against surrounding tiles will chip them. what i would do, is take a grinder with a diamond blade and carefully make some cuts, cutting out the towel bar holder and a couple cuts in that tile ( being careful not to hit other tiles), this will make release cuts so that the tile will remove easier with the chisel. the towel bar holder is cemented into the wall, when you get it out there will be a hole in the wall there.

. $400Purchased at Sears OutletWhirlpool stainless dishwasher (new, tiny hidden dent) -- $275 vs. $500 Purchased at discount builder supply stores (Habitat for Humanity REstore, Seconds and Surplus, ShoptheBoss.com) All this stuff was brand new in the box. 4 brushed-nickel ceiling fans/lights -- $160 vs. $400ish2 brushed-nickel vanity lights -- $40 vs. $100ish4 24"x96" granite slabs -- $400 vs. $1,500ishUndermount sink $150 vs. $250ish660 sq. feet of handscraped engineered floating wood floor -- $660 vs. $2,000+40 sq. feet of glass mosaic backsplash -- $40 vs. $320ishCeramic tile for master bath -- free (I used some the people who sold us our house had left in the garage) vs. $200ish1,000 sq ft of FHA-compliant carpet installed with pad -- $1,100 vs. $2,000ish

Only down side is it is easily chip or dent if you're not careful.  

The current window is very tiny and we received an estimate of around $3k to update.

Also, he has said that the profit/loss responsibility would  be 50% for work 50% investors (there might be a third person who wants to chip in) Any thoughts you all seasoned real estate pros? 

My rent estimates come from a combination of MLS listings, rentometer, and common senseNeighborhood rank: BRent both sides out:3-1: $7502-1: $500Total income: $1250/moExpenses:Vacancy: $125/mo (10%)Management: $125/mo (10%)Maintenance and Capex: $187(15%)Taxes: $113/mo ($1362 for 2013)Insurance: $35/mo (Called a few companies and got an average for around 400/yr)Water, sewer garbage: $125/moTotal Expenses: $710/mo$1250-710= $540 NOIP+I: $377/mo ($72,375 30 years @ 4.75%)PMI: $78/moMonthly cash flow: $85Yearly cash flow: $1020Money invested:Closing costs: $3500Realtor Commission: $2250 (3%)Down Payment: $2625 ($75000 * .035)Mortgage Insurance: $1312 ($75000 * .0175)Total Invested $9687CoC Return: $1020/$9687 = 10.5%Live in one unit rent the other out:Income: $750/moMonthly payment: $603/mo PITIWater, sewer, garbage $125/moMy electric bill: remaining $22 will go towards my electric bill$750-603-125-22 = Living mostly for free may need to chip in on electric or water bill.Qualitative AnalysisMy goal for selecting this property is to live in one unit and rent the other unit out and live for free.

Give and you shall receive.Little tiny bit about me just to close.

Starting in January I have two homes that are going to be air bb and I just bought a warehouse in the middle of OKC with a blank lot that I am going to build 2 tiny homes by this time next year.  

I was looking at tiny houses in west Oakland on a decent-sized lot, and wondering if there was room to expand.

Nancy, since you are in CA and the end buyer's agent and teh property is in TX, perhaps you can have them pay you out of their commission.2nd - It does not appear that you have any options with a financed end buyer, but I have not thought this all the way through so it may not be impossible.Yes, getting 3% down and assumable loan is a great benefit so long as the property supports the leverage.Just getting a tiny piece of a $40million dollar sale would be nice. 1/10th of 1% would be $40k!