Several years ago I heard of a young marine killed by flying tools he had in his vehicle (he had an accident his way to a job), so I refuse to carry anything of that nature in the back seat.

A split to 80/20 could be problematic because it doesn't reflect the Joint nature of the tax return and could be seen as a step transaction if she was to only do an exchange on her 80%.Owning as Joint tenants is certainly a possibility and in fact the one that matches the tax return. 

I agree with the others on month to month only so things can naturally shake themselves out with those who want to stay and those that don’t without being bound to people who want to make your life hell!  

I would need to know a bit more about the properties before I could say if it was good or bad.As far as hurricanes, they are no more an event than other natural disasters, earthquake, wildfire, etc.  

I know its natural gas and ran off monitors it looks like from the pictures.

I'm a doctor so these conversations come naturally to me, it's just that your diagnosing the home owners needs and wants rather than the patients health. 

I have found that I have to be careful with this as it is human nature for people to be negative to others and try and hold you back.

In addition to the potential increase in cashflow by doing a 1031 Exchange, it would give me peace of mind as this property is the only one in my portfolio that is exposed to a high risk of flooding during a natural disaster as it is located in a very low lying area.I am happy to provide additional numbers/details if there is anything I am leaving out.

Barring an earthquake or other natural disaster, I think homes in SF will continue to be a solid investment over 10, 20, 30 years.

If you were a lender, you would generally MAKE the borrower file the quitclaim deed (QCD) to move the ownership back to the natural person from their LLC.