It performs better as a short-term, but it also took more work, sat vacant longer, and we had to worry about it more.

Then you see how it is actually performing. 

I have never performed a lot-split, nor did the builder.

well your far from a beginner so I am sure you can deal with any of the creative financing vehicles.. my advice was for someone just starting out.

We self-perform the construction work we like to do. 

So, to counter a lot of advice I hear to beginners: do wholesaling last, not first ;)

If you perform, you keep it after that period?

The tenant isn't "happy" about the construction but understands that it's my property to do as I wish.Has anyone had experience with performing construction on a property that a tenant resides in?

While renovations faced delays, and initial rental demand was slower than anticipated due to construction setbacks at the casino, the property is now performing well as a long-term rental.

Matthew, there are lots of good way to learn about syndications (and CrowdFunding...which are syndications that can be marketed over the internet).This is the book I wish I'd read when I started...and I think it should be required reading for every beginner and pro.