Also, don't forget that they need sufficient mental capacity to transfer title when the time does come to sell.In the meantime, I'd buy the other half with seller financing or swap other property or assets for the equity.

@Janie Escalante @Renato SilvaWelcome Renato, and JanieI'm new as well done 3 deals so far, also from Houston/Katy area. we can swap contacts and may be we can help each other.

On my MFU, the city fire marshal did an annual inspection and I swapped smoke alarm batteries and fire extinguishers at that time. 

In the case of this property, you are probably on the edge of serious financial peril unless the area is rapidly appreciating and you can swap some short term high-level risk for longer term capital gains.

Because they bought credit default swaps...so they were hoping that the assets would fail.

Perhaps we can swap notes on this?

I've been meaning to swap a unit to stacked washer/dryer.

If leaking, swap with higher quality that use metal guts, not plastic.If nothing else, perhaps you'll find this of some entertainment value: https://www.biggerpockets.com/blogs/7413/46957-the-poop-on-poopers-not-all-toilets-are-created-equal

The toe kick - the panel you see in front - that is easy to just swap out and paint.

My brokerage charges interest of 1.65% on loans over 200k and 1.21% interest on loans over 1.5M and get this, a whopping .97% interest on loans beyond 3.5M, :)Your local bank might be using investment-oriented brokerage account to do a cash as collateral swap.