There are several objectives on this investment:  A. 

That's the main objective.

Section 8  rates (and lower) will also give you a rough idea of what your market rent will be.Yours is an object lesson in the mistake of buying what you can afford up front rather than what is a good opportunity.People just starting out should only buy local, that they themselves can inspect and get a feel for.

In addition, since the rule changes, it seems like many agents are delaying the whole conversation until the very last minute when the buyer has little or no opportunity to object, research, or think about what they are agreeing to, without risking losing the home they just decided to offer on.

With the increased competition, it’s also crucial to prepare your listing to stand out and work to address buyer objections prior to going on market.

It is objectively not a good time to acquire Class A multifamily assets.

Writing them down turns your ideas into tangible objectives you can work toward.

A bit strange that you leased the commercial spaces knowing you would be pursuing a conversion but understand the objective of taking out your capital partner and I see in your follow up post the relocation language so you clearly thought through the transitional phase.

Objectively look at your property as STR>MTR>LTR, run the numbers, and see if it cash-flows.

With the money they raised they bought too little real estate to achieve their investment objectives, have LENT millions to the training company, financed a couple homes (wonder who got those, I can't find where they ever disclosed - but it will come out).