I've been through situations like this.Hopefully the family pays rent and this becomes a non-issue.If they don't pay the rent, you need to be understanding and kind, but firm.  

Got a statement every month from a very reputable, conservative firm.

There is risk in both options & as an investor you need to weigh those risks & stand firm on whatever you decide. 

To thrive in real estate investing, you must maintain a firm grip on your finances.

What really stood out to me is your capital partner and their terms. 

To thrive in real estate investing, you must maintain a firm grip on your finances.

The combination of its growing tech & healthcare sector, long-term resilience to climate change, and relative affordability makes it an interesting place to start our real estate journey.I spent a big part of my career in hospitality real estate consulting at a Big 4 firm, but I left to explore new opportunities and decided it was finally time to take the leap into real estate investing.

I’m a real estate investor and the owner of a fairly large property management firm here in Texas.

I’m a complete rookie and novice in real estate investing, and I firmly believe in the “crawl before you walk or run” mentality.

You need a firm estimate for the remainder of the work as your funds are limited (like most people who don't have an endless amount of money).