Best part is 1-2 years a refinance will make our numbers look even better and we are seeing our home increase in value because of both the forced appreciation via rehab and being in a growing market.If not married, I would have chose area first based on rentability.

Or you can sell it, split the equity, and go separate ways.I'm not a fan of borrowing from family/friends unless all parties are honest and everything is documented in a written contract.

Do you just suck up the cost if guests damage your property or throw a party? 

The pref layer is a third party institutional player.  

This will be for my excellent service as a landlord.Just like a restaurant does when you have a party of 8 or more - they add a mandatory tip.Doubt there will be any laws against this, at least initially.

If it's just a two-family, or really with any amount of units, I would send the same notice to all parties so it's clear that it is addressed to everyone (even though it's because of one tenant).

Hello all,We have a prospective family friend that would like to do a sale private party.

In a SubTo deal, one party argues "no, he told me it was all a-ok and nothing would happen, and now bank is _____, he lied to me, he's a con-man, I was conned", now it's no longer civil is it? 

If you have a loan, then you will have to get a new loan to buyout and ensure the other party is not on the loan.

However, if the deal isn't good, they will tell them why.That last part is a great point.