However, we have several questions and would appreciate the community's advice:Midwest Markets - Which Midwest markets offer the best value for investors and present good growth opportunities?

We discussed that in 2 years he would either sell, Rent it out ( and we co own the rental)  or buy me out of my share at present market value.  

With that in mind, a sports-centered college town potentially presents a good opportunity as the school will often have visitors attending games who need places to stay. 

Present the comps that you are using to support your ARV to your lender.

How much longer are they supposed to be present?

That is my theory, based on about 1,000 years of the history of real estate law from the Battle of Hastings in 1066 to the American Revolution, to the present.

Realtors also do a great job at presenting opportunities 

If they can present quality information describing why they need the capital, what the current state of the asset is, how this capital will be used to solidify the asset - then at least I can evaluate the capital call and make a decision to participate or not. 

@Kevin Kite- try working with the present lender on refinance  / extension  terms 

Learn how they work now so when the opportunity presents itself, you're ready and know what is available and how to use them4.