I was contemplating making it more personal since we already talked.

biggerpro, I'm here to learn, and to contemplate everybody elses ideas about how things could run better.

You haven't mentioned why you want to sell or cash out- you say you "aren't real estate people," but it sounds like you are contemplating another investment.

I've been contemplating this idea in my head for a few weeks now so I figured I'd take it to you guys. 

I contemplated that same decision and decided to sell and re invest in Des Moines, Iowa.  

I'm contemplating buying a property as a rental income property.

I'm contemplating virtual tours for our next rental. 

In response to your initial question, my gut reaction would be to analyze existing home price/per sq.ft in the specific area you're contemplating. 

@Gary Bahl equity is typically divided up according to the amounts invested (pari paasu) Fees can be divided up depending on roles and responsibilities.Make sure to sit down with an attorney and draw up very detailed partnership agreement that contemplates not just profits but worst case scenarios.

I am contemplating an eviction of a tenant in Philadelphia who is many months behind.