You'll need the upper hand, absent some other catalyst on the part of the lien holder.

IMO, if you are performing well and the others are passive and happy in that role, lining out what those options are, financial impacts to still ensure an attractive return for them should go a long way to avoid friction later and may be a catalyst to get you thinking bigger w/syndication down the road when you want to bring in more investors and capital.  

Another innovative idea is to allow the new owner to pick their siding.  

Little did I know that would be the catalyst to today: closing on a spectacular 4 flat in a class A neighborhood on Chicago's north side.

In my experience around here it is very hard to get new renters in Nov Dec and Jan I think mostly because of the holiday but where your at the harsh winters are another reason for people to not want to move.

Of course the housing bubble was the catalyst in the end, but people had been struggling before the bubble burst.

I will be closing on my first investment property in Norfolk during last week in OCT or first week in NOV.

I think it was the catalyst though in getting us to be serious about this since we paid hard earned cash to feel confident enough to make the leap of faith.

What are some tips for a business investor experienced in high risk startups shifting into real estate investment? How drastically do they differ, what are some of the most transferable skills between either? 

How do you plan to combat those issues, will you expand your network, move to a new location, expand your marketing, or some other innovative strategy?