I couldn’t reach him at first, but I left a voicemail.

You could pay them a flat interest rate on the funds they contribute, similar to a private lender, or offer a percentage of the profits to align their success with yours.

More conflict, less desire to recognize he value of my experience and resulting success  He started a rehab Dec 1 and left to Europe today.  

The equity in the house is almost exactly the amount needed to pay off the HELOC, so we wouldn't have anything left over to re-invest.

Can I assume reserve price will be the same 180k or do you think FM has a formula in place in which they are ok to let go at X% below their "purchase" price so as to not be left with the house on their hands ?

Thanks.Brandon decided to take his own path and left BiggerPockets.

I have 3 big barking dogs (but one is very old) including one (great Pyrenees ) that bites intruders but they are behind a fence and packages are left on the other side of the fence.  

You left out information that maybe relevant such as taxes/insurance per year, maintenance cost anticipated per year... plus other expenses depending on rental such as management fee(if you aren't manager), advertising cost to acquire renters, etc....

Left some of the character while adding modern amenities, brought it up to code, and staged it.

It's one of the reasons I left and started my own brokerage, but that may not be what you want to do either.