I would want to spend time with each one individually – no influences or distractions.Once you dive in, you should start to get a feel for it.

That conversation influenced my decision to rent it out short-term until I can reposition/add some amenities and see where else I might take it (furnished rental?

If you fund the senior debt, you have a bit more influence because you can potentially foreclose if things get sideways, although that can get dicey because your partner (using the term loosely) will likely claim that you have fiduciary duties to him on the equity side, and can't favor your own interests on the debt side over his.

The ad lists the neighborhood, but only locals realize it is a C neighborhood.We are getting more than usual interest from people out of state.Prior experience tells me us that they can suck up a lot of time (want photos of everything, later move in dates, etc) and normally aren't in the final running.How do others deal with this situation without influencing interested parties and potentially crossing fair housing laws?

Two years ago I tried to be "all in" at 70%,,,today in the same area, I'm probable closer to 90%,,,to a large degree the market will influence how good of a deal you can find.As others have said, I'm looking at cash flow,,if it fits the area/size/neighborhood specs I use, and still cash flows what I'm trying to achieve,,I'm not too worried what discount I'm getting.

Yep, that is the gist of it.Remember, how the actual formal accounting takes place will influence these ideas in regards to what is a realized gain or not.

Depending if you purchased a note or created a note the influencing factors are different.Working with someone that understands your goals and risk tolerance is essential.

Take a look at the idea of undue influence.

They were a positive influence in my getting started in REI several years ago.

I'd leave the naming angle to the ball parks, they are guaranteed to be maintained, always have a good appearance, not exposed to negative outside influences, bonded and insured and have a good public image.