@Waylon Brun@Jeremy Santy@David L.I agree!

Let C get the loan, and you manage, for a fee.An endless number if option if you are willing to let go of the notion thst you have to receive all the benefits. 

You seem to keep getting stuck on this notion that if you can't predict it linearly it's not relevant.

I find it interesting how some responses are very quick to judge with heavy individualist notions such as not my business, it's Bob's money so he can what he wants, or go live little.

I like the notion of owner financing (if paid for and Wayne's Dodd Frank comment) and I have had some success owner financing a condo before, and it gets an owner occupant in there to help ratio and gets title out of your name; also, you could (again more likely if paid for) explore donating four units to a nonprofit somehow and getting a tax break, perhaps one involved with affordable housing or an agency that may need to house workers; finally, a long shot, but the swing for the fences stretch would be to just buy 24 more and convert them back to apartments or renovate/redevelop the place as more successful condos--study that one alot first, though (a long shot, but owning 11 is pretty extreme already, almost 1/3 there now!)...

There is the popular notion that one starts at SFH and moves up to apt & commercial.

@Mark Updegraff I respectfully disagree with the notion that anyone who's good at selling real estate has no interest in making "Peanuts" off of property management.

During your negotiations process, your agent was keen to the notion that you would lack necessary funds, so he/she recommended that you ask for $4,500 in "seller credits" to make the deal happen.  

My current employment requires me to listen to peoples issues and than I provide feed back based on what I see, so my following opinions are merely insights, not necessarily advice.The following are based on 2 conflicting notions for you to consider:1) Learn from your mistakes.

Very true Ibrahim.This experience reinforced my notion to treat everyone with respect and honesty.