I have fortunately not run into this issue, and feel blessed to have had partners thus far who are smart and hard working, but I am keenly aware of how miserable things could be if a partner was not good. 

Either you sell at a higher price and give him the controlling unit or somebody else sells and you're left holding the bag.This guy wants the whole building to take it private and convert to apartments.Somebody else will stand in his way and prevent that, but their life will be miserable. 

If they make your life miserable and you want them gone...good luck.Yes it gives the tenant more "freedom" to leave.....but it also makes them "fear" that if they mess with you, then you get to kick them out very quickly.

If someone's life is so miserable that they need to try to cut you down to feel better, well, leave them to their misery.12.

A 203k is what I used on our personal home and let me tell you, it was a MISERABLE experience, but at the time, it was our only option as I had just started a new job and had to do a 90-day "trial" as a contractor.

Missing one of these 2 points and you shall fail miserably while I point and stare and yell out my evil cackle! 

For sure most flippers have miserable margins and will get wipped out at the next market downturn, but for those who find decent deals with say 20% net margin and have 20% equity in the project they could double their money in the span of less than 6 months

@Peter StewartGood luck to you cleaning up this miserable situation and going on with your life and your landlording.

When he died he was too broke to afford a grave, so his friends paid out of pocket to bury him, having been born, having lived, having died in a miserable little backwater of an empire that touched three continents, a child of a people reduced to slavery to their overloads.

Dam that sounds miserable!