However, if you are profiting over 6 figures, the property might be too expensive to live in order to truly house hack.

I’m going to talk to them today about the complaints that I am getting, but if this pursues, what exactly are my options in this situation? 

What strategy are you currently interested in pursuing?

Hard money costs do eat into the profit but a good hard money lender will want to make sure you are making a sufficient profit on the deal after holding costs, etc. 

Profit per door is relevant.

Because it causes one to think about the way they invest, the reasoning behind their investments, and the success and failures their investment tactics and strategies have produced.I make a decision to pursue a real estate investment (or really any investment) based on an evaluation of risk vs return.  

The reason I ask is at that rent point there is no profit on a sustained hold.   

The main issue is your exit is capped so if your costs go up, your profit goes down.

Let’s say you have 12 lots and if everything went perfect in the exchange you would recognize your $30,000 profit per lot across the board.  

Profits during the partnership can be shared based on the agreed equity split, with income and expenses reported via K-1 forms.