The only people that could actually do this would be people that were Realtors in the past and have sold probably more than 10 homes as a Realtor.

Unforuntately I've been in this position in the past and it's better to keep the partnership in a good space than to force your hand on an issue like this.

I want to be "hands off" for the development/management phase.- I would like to get a minimum of 12-15% irr on average, with potential for higher returns.- I have some past experience working with sponsors from PE funds on non-real estate deals.- I get an experienced sponsor/developer that can run the show so I don't run the risk of making any (very expensive) mistakes from my lack of experience.- I can get exposure to large multi-family with many tenants.

Quote from @Erik Estrada: Quote from @Emma Johnson: Been working on getting a second mortgage on our home for the past 30 days with no closing date in site.

In the past I just give them a 10% deduction in rent for one year until things can improve. 

As Min Zhang suggested, making sure you have a reliable property management company is key and can ensure you aren't dedicating any extra time to taking care of this asset when you already have a job with demanding hours.

For the past few years I’ve been periodically posting about complex, somewhat hard to implement, and time consuming strategies and tactics that I’ve used and can be used to “accelerate” wealth building in real estate.  

The starts for new builds are significantly down and have been so for about the past year now.  

The property produced $48K gross over the past year.  

Among U.S. cities, counties or metro areas for which regular data is available, Maricopa County holds one of the highest eviction rates, at 16 filings per 100 renter households during the past year, according to Eviction Lab, a research group at Princeton University that tracks evictions in 35 U.S. cities and 10 states.