Clean , neat .

If the tenant is friendly, works with your listing agent for showings and is clean and neat and their place is tastefully decorated then its worth trying to sell when you have a tenant in place.

The whole transaction starting with a JV between the plan and yourself is far from clean or safe.  

Clean it up, rent it at market rate, and pat yourself for making a "business" decision instead of an emotional one.

BUT, since we all want to work together, you’ll offer him $yyy IF he leaves the house clean, free of junk, and is fully vacated on whatever date.

I'd rather take $600-700/mo fixed and hold a security deposit than get $900/mo from 10 different airbnb guests, have to clean 10 times, etc.

Who would not love to have to clean up a place and do repairs time after time because of what a tennent might do in damages?

Cleanup Job (Low cost fast flip): - landscape package in front - remove deck- remove vines from house - clean exterior, fix siding and wood rot, paint neutral beige/gray color - clean driveway/weed, clean retaining wall/pavement - replace flooring with mid grade flooring bottom level, carpet upstairs - replace interior fixtures - paint interior white trim, light color beige/gray walls, popcorn ceiling removal - new kitchen appliancesRehab options:- Replace deck with new one (kind of awkward that high to me) vs Remove and fill in wall or add large window to master.- Potential space to move laundry into upstairs bathroom closet vs basement - Can maybe get away with toilet/vanity replacement in each bathroom- Uncertain if painting or replacing cabinets with ikea type is worth it- Any in-ceiling lighting will cause a disaster with electrical since it is out of date- Repave/fix concrete front porch and side porch - replace/paint railing- Replace front walkway cement, or remove walkway and replace with right angled walk to driveway (may not provide ROI)- Tear down vs paint garage port in back yard

Clean it up, rent it for market, and pat yourself on the back for running your investment like a business.

Reason being if deal goes bad you walk away clean and they suffer.I also would never recommend to anyone to have 100% leverage as your playing with fire in those situations.