Only downside is that perpetual $2 toll on the BOG

To determine the "value" of the family members interest you will need to look at the perpetual monthly income as much as the price of the property as a whole.

Cue the stereotypical midlife crisis, therapy, and all of that sort of stuff and you'll have a pretty good idea of what life has been like for me since April 21st of 2017. 

There are lots of great lawyers out there but he certainly isn't one of them and feeds the stereotype people have of lawyers in general.It's a big relief that it is resolved and I feel much better about it and my buyer is also glad this is  behind us.

I like the Wack a Mole analogy.. if I think back on my career in this game that started in 75.there were all distinct and different events that perpetuated a slow down or price compression in real estate75.... coming out of VN war  soft economy83 - 85  sky high mortgage and interest rates  ( SL crisis  but a lot of money was made picking up those deals)89 to 92  in bay area  Earth quake and war.. prices in SF and bay area compressed 20 to 50%  ( we have short memories.) but that was also pre high tech.2000  dot com bomb  short lived 2001  Bin laden short lived07 to 2011  global credit crisis worse i have ever seen or I think any one basically living ever saw.. worse than great depression in many areas...

This approach taught me to be a perpetual student and never stop learning new things.

A stress test spreadsheet is something they should certainly add to the forms section of BP although I think the exact people who need it most: the high leverage, perpetual appreciation crowd, will never use them

My question is, can you have it be a "perpetual" right? 

The reason I invest in real estate is because I want to get paid cash flows in perpetuity from the work I do on the front end to source deals.Although I am not a single family investment fan, this deal will act as your training wheels to get experience on the management portion of the business if you hold onto it. 

There aren't many renters in the area, and while we all know many great renters that would give you the shirt off their backs, there is a negative stereotype about renters that exists.While there is nothing they can do legally, I like my neighbors, want to have a good relationship with them (they have my number, and would likely text me if the renters are causing havoc, for both their benefit and mine).Have any of you experienced this, or have any tips on how to "break" the news?