There is more paperwork involved with that option.

Add to that the fact that private financing typically involves way less bureaucracy, with reduced paperwork and fewer hoops to jump through.

Was the prosecutor even involved?   

This is a bit more involved, but as you scale, it is something you should consider.In response to your second question, I would say "yes" to allowing pets.

Unlike our real estate investment, there weren’t hefty transfer fees involved in either the purchase or sale.

Quote from @Bruce Woodruff: I don't really even notice them, and I certainly don't click on them to actually read and get involved.....Just another way of getting business and not a great one IMO..By the way, does anyone know anything about framing a staircase?

However, everyone involved would need to meet the IRS requirements for a 1031 exchange.Finally, regarding transferring an individual property from the partnership to a member directly, this could be tricky.

Is there some other way to verify his involvement? 

HoltonWise is currently involved in litigation on the topic.

Will they have trouble making the payments to you while also having enough money to keep up with the maintenance and repairs/ tenant issues/ all the expenses involved with owning the property?