Get him attached to the money that he already lost and will continue to lose. 

Bottom line, it has been a fear since they attached a wheel to a cart and replaced the people carrying stuff.   

I have a feeling that if you use it as a rental, your emotional attachment to it will lead to you over-maintaining it, ultimately creative a negative cash flow situation. 

My end goal is to have everything into a corporation where my personal name is not attached whatsoever but that will take plenty of time, so I am starting from where I am. 

Don't know if you'll want to read all this, but I attached the text of the contract.

See  the screenshot I attached from our excel calculator which took your numbers and I added 10% on repair and maintenance and split expense to insurance and other cost.

@Joshua HeraldIs the attached analysis only considering rent from one unit, or from both?

Approval process is much faster and rules are much more relaxed.I recently got permit approval in SJ (Willow Glen) for a 630 sqft attached ADU + 170 sqft addition to the existing unit. 

Hi All - apologies if this question has been answerd in past, but trying to understand if selling a single family home (both side attached townhouse) and buying a commerical multifamily unit (more than 5 unit) - you can use 1031 exchange and not pay any tax on your capital gain of sold single family (townhouse)? 

I'd like to hear more about the layout including whether its attached or not.