This is a fair and flexible plan that takes into account the changes that happen within a partnership over time, and which includes a healthy dose of care and empathy along with fiscal responsibility. #3 And as an aside, really, you should be paying YOURSELF rent, and you should give yourself a lease in writing, especially but not exclusively if the property is held in an LLC.

To put it plainly, I value his influence in the local circles and his connections throughout town.  

Doing my twice-a-year visits (plane tickets, hotels, etc.) make no fiscal sense with the revenue from a single $40K SFR.

Bulk owner board members, by virtue of their voting power, often carry great influence in decisions made by the board.

Posting on BP and sharing real estate information with your sphere of influence (and social media) is a great way to get started.

However, the most significant influence tends to be the yearly seasons of winter, spring, summer, and fall.The social, economic, and political calendar of the United States operates based on the yearly seasons.

Maybe I’m letting my ego influence my thinking.  

There are resources you can find that lay out different methods for building up your sphere of influence, but I personally like catching up via phone, meeting up for coffee, or doing something fun as a touch point.  

The only combination of those factors that is fiscally responsible is to buy the biggest crappiest house that you can still live in in the best location for the most you can afford comfortably.I'm guessing I won't be able to talk you into taking on some repairs yourself so just try and use objectivity to balance your emotions during this time.

Absolutely..... but those offenses would have no influence to me.