You need to treat your residents in a way that preserves their dignity and respects them in a way that you would yourself want to be treated.This is the right thing to do but it is also the financially correct thing to do.

Save face, preserve my buddies reputation with this broker and my name as well.

The purpose of the group is to share information to build and preserve wealth with accredited investors.

Or perhaps he just wants control to preserve a status quo? 

With a smaller spaces you want to preserve that open/airy feeling the best you can.  

For an older home, there's another factor to consider: historic preservation.

If you want wealth preservation and net worth accumulation.

wealth preservation? 

Capital preservation less than 5% returns.

Would like to preserve as much cash as possible, so open to other types of options out there that I might not be aware of...Thanks for any and all help!