We are contemplating turning it back into a half bath (I, for one would like this and I’m sure renters would find it convenient).

But after reading articles like this https://bang.ro/online-gambling-in-the-usa-is-it-legal/, I realized that the guy didn’t do anything so bad (except getting himself into terrible debts).Back to my question.

The difference between a direct purchase and buying turnkey is what I call the "convenience fee."

No agreement covers what the managing partner can do - go gamble at craps your odds are better at making a return than in a real estate partnership.

To fully drive the mental aspect home, think about if you owned a convenience store and a customer stole from you.

The convenience of being able to walk to get your soy latte or see that indie film from the Czech Republic.

If it is a marriage of convenience then who knows.

Not worth saving a few bucks on a gamble. 

Sounds like your convenience factor is higher than most, so a decent portfolio sale is probably the way to go.

If that is too big of a lose to gamble, I would walk away.