ALL of the times we have given people the benefit of the doubt and overlooked similar things, it has come back to bite us.  

So I don't see any benefit to holding on to it longer when you're that negative on cash flow. 

The basement is dry as hell, and it's nicely decorated.QUESTION:  What types of financing, financial assistance and tax benefits does one get from being a registered landmark in a historical district? 

At the same time, you benefit from price appreciation on your investment properties.

Would there be other tax benefits for high wage earners and what would those be?  

Of course, I didn't go with any of these GCs but I also have the benefit of waiting and not being on anyone's timeline or deadline.

I would however give them the benefit of the doubt at first and try to come to some sort of peaceful resolution first.

Rarely are there benefits to the seller to structure a transaction in the various ways you propose. 

If you can get 15%+ returns and 8-10% cash-on-cash in a passive manner, reap all the tax benefits of owning real estate, and not have to manage the property -- that's more attractive than a lot of other investment options out there. 

Your mentor has needs; try to meet them and develop a mutually beneficial relationship.A mentor can benefit your growth, but it's not as simple as one post on a forum full of strangers.