Happy to help answer any questions about the flight path, but in general there aren’t many areas where that is a concern.

You need to get in touch with a lawyer as soon as you can and figure out how to cut off the tenant/landlord relationship.

My concern was that it was too far from the heart of San Antonio.

Need I be concerned with UBTI?  

It was also difficult to assess the heating situation after repairs since tenant refused to provide key to access unit for repairs and/emergencies, citing “privacy and safety” concerns.

I say we dump the deal but the other 2 partners want go ahead with it even though the lender has now cut our SOW budget from $65,000 to $40,000. 

Most fail to consider what goes into owning and operating real estate once it’s purchased and solely concern themselves with how to buy the property.

arbitrage is not a short cut to owning property.

I understand I'd take a pay cut being an agent for the first few years, but in exchange, I'd be learning about the market and building a network as I move towards Commercial multifamily.

Hardly anyone can prep properly, mask or dropcloth properly, cut in around trim and windows, get even coverage, etc.