I eliminated one of the units for me to live in. 700x3 = 2100. 

If you decide to keep the property you can refinance into a conventional loan and hopefully you have enough equity to eliminate the PMI/MIP.

You can clearly spell out, in the articles, who owns what share of the company, how proceeds from sales/revenue are distributed, and it eliminates the potential for someone trying to "switch the percentages" down the road so to speak, because it is a formal legal structure. 

When you ask for <$100k, you've already eliminated half of the pool. 

Credit score and income level are th eeasyist criteria to set to eliminate them.

Although you will not be able to completely eliminate the tax. 

Hypothetically speakings, lets say I have a bedroom on the main level that I wanted to rent, but my neighbors dogs eliminated that option, so I put the bed in the basement?

Those are part-time jobs which are very volatile and she could see her hours cut or her position eliminated at any time.

To eliminate both our frustrations, we agreed on quarterly payments, which works fine by me and solved his problem as well. 

The elimination of the mortgage payment (added CF in your mind) isn't enough to cover the out of pocket cost to you.