It is essentially a titling exercise in which you distribute a percentage of ownership each year or whenever you choose.  

Lets do some exercises. 

They drive to the gym....then get on the stair machine and/or do walking or running exercises.

So for example, if you block out an hour of your day to exercise, then just exercise. 

I ask the "have you caused delays" question purely as an internal exercise. 

I'd think this is worse than renting, unless you're really in an appreciating property and you can exercise the option to sell anytime.

Just to follow up, after overwhelming replies of this thread, we took anther 3 days to work out all sorts of scenarios, mind exercises, and number crunches, and finally reached the decision NOT to sell the condo. 

So you're no longer personally liable for any debt.Both of these will return in the same range of your annuities but shelter the large cap gains and depreciation recapture looming if you sell and move completely out of real estate.a couple other options our clients will exercise:1.

I agree with sharing the valuation exercises with the investors- meaning the need to take a shot at analyzing the deal as well. 

Don’t buy someone else’s problems, exercise caution.