Proceeds when sold would be split in the same ratio.The math for them was:Rent for the next 5 years: $228,000Equity gained: $0Mortgage payments for 5 years: $219,000Equity gained: $185,000^assuming a modest 3% annual appreciation Getting started will take you further than waiting for the *ideal* property.

We would split the cashflow and equity.

I also help a lot of clients buy multifamily and they will split up strategies as a hedge, like 2 MTR and 2 LTR.

.: @Jacque Mihovkwhy not split the difference between your immediate area and a random market thousands of miles away? 

Can I split the cost of the plumber and tank repair on both tenants, as they both clearly were using the wipes and it's very hard for me to believe they were NOT flushing them.

Work something out amicably with the tenant such as splitting the deductible 50/50. 

Then the sponsor gets their share of the split.

Thats pretty much exactly what im asking however I don't see why there would be any issue splitting the down payment and mortgage of a 4-unit multi family with someone else especially when you can both realize the full sec 121 benefit, the mortgage and property tax deductions, ect. 

We added a mini split system, new floors throughout, rebuilt the deck, added windows, repaired waste lines, roof, siding, stucco, cleaned up the basement and remodeled the kitchen and bathrooms.

Let the tenant know they are responsible for the damages.When a tenant makes an honest mistake, I may consider splitting the cost.