After all, you have no evidence they agreed to pay rent or any of the other terms.

Our firm is planning on starting a Portal (legal term) next year on our roadmap because with $5M as the new threshold this really can move the needle for certain projects and sponsors.  

The decisions and actions you make today can lead to incredible long-term benefits, so it's great that you're starting now.A good starting point is connecting with a lender that aligns with your goals.

Historically, real estate will appreciate over the long term.  

I think if you are going to keep all three parties involved as owners of the deal long term then you need to separate yourself as a renter and a contractor.

Tenants are stable long term residents, and property is located in a desirable school district.

Cash flow of $150-$300 per month is pretty common for many new investors, and whether it's 'worth it' depends on your long-term goals.

Very sad, very taxing, a lot of effort before you have a deal to show for it.

Of course, I am sure nobody would do that on this site since that would violate the terms of service!

If you don't want that, I would sell it or put it into storage (which may not be financially feasible), but long-term renters are hard on furniture that is not theirs.