Money is...important, but it's also a way to make a positive difference in people's lives. 

I use a CPA, too, but I like to do my own bookkeeping throughout the year and send him a tax package quarterly to review.  

Then the remaining profits get distributed at whatever split you both agree to...I often see it start at 25/75 (75 to the person in your position) and then maybe increase it to 40/60 or 50/50.It would really help if you could provide some numbers on your deal. 

In our reviews our lake, pool, size of our house and location relative to everything else gets the most mentions.

The reason being if you show them those reserves and the deal goes bad, they are gonna come after you for that $ and that will put you in a really bad position.

Make sure your rent covers all expenses for positive cash flow.

I do agree that Vancouver will not produce a positive cash flow unless you put down a hefty amount.

Am I in a bad position.

How do others manage to create positive cash flow from MF properties with debt?

They even added a small “welcome basket” with loccal treats, and guests loved the personal touch.. it became one of their most mentioned features in reviews!