K1s show your share of income or losses from the partnership, and you include it on your respective personal tax returns.Now, to your partners.

The person leaving the trailer there is just to store it there.

@Jerry Chilimidos I am not a CPA owever my understanding is any loans to your IRA can not be personally guaranteed.

This means, on average, that this person is facing foreclosure or bankruptcy, and has no other reasonable options.

Managing five rentals can eat up a ton of time in any given week, often at times that are inconvenient to you and your personal interests (family, hobbies, travel, etc.).Of course you can manage on your own.

They call the person that brings the schedule of real estate, net worth and liquidity to the deal the sponsor or key principle.   

I spoke with the one I suspected forgetting to turn off the stove but the person did not confirm.

Quote from @Havital Miltz: I do not know that if someone is in the hospital you can force them to close, I am not an attorney, but I doubt any court will find in your favor, closings do not always happen exactly on the day that is planned, even if everyone is healthy and well, the wholesaler here is not the reason for the delay so I am not sure what exactly you can sue him/her for, they are also being held up due to the seller not being wellJust give the person some time to get out of the hospital, closing will probably not happen the very next day either, this is really extenuating circumstance. 

I had the initial call with a PadSplit sales person, but I wanted to talk to somebody who's actually doing it to get their perspective and advice.

In my personal experiences a lot of structural items start with bad drainage.