I suggested they just be the hard money loan for this property, but they are insisting on being 50/50 partner, theyre willing to put up 100% of the money but as its a brrr they will get it back in 6 months -  The other person who wants to run half way houses in the properties and also be 50/50 partner.

I told her it was plenty official with the notice I gave, but she insisted 2 or 3 different times that she intended to have it go all the way to an eviction hearing and she mentioned that she knew she would have another 10 days after an eviction order came down...

If my Colorado STR clients insist, I still try to convince them to simply buy cool-looking bedside tables with drawers.But, you know, just my opinion. 

Our CPA insisted that we need at least 20 units to minimize risk.

Be positive and strong, gather your documents and insist on this being thrown out of court for lack of merit.

If they insist on the higher MTM rate, let them know you're not going to pay it and we can settle it in court where you will be demanding proof of their actions to mitigate the damages to you. 

You insist on "detailing" your way out of ethical practice.

If you insist on keeping them separate, than I say pick whatever is easiest.

I hear from wannabe wholesalers outside of California who want to do business here and insist that they have to be in at $.60 on the dollar minus repairs.

If they insist on moving forward, let them know that there will be penalties for signing the lease and then canceling later.The time to do radon tests or look for mice or measure the bedrooms was during the inspection period.