However, the relationship and efficiency of work can be supported with the use of new technology such as AI, can it not? 

Ensure the sublease is explicitly permitted in a written agreement with your friend and aligns with local STR laws.

Additionally, I am aware that our Investor Relations Representative immediately reached out to you after your Better Business Bureau submission to ensure you understood and if you had any questions.

The key question,  especially as a finance guy, to ask "Can I deploy that same $15k more efficiently to and get a better result?" 

@John BerjIf cash flow is a top priority, factor in HOA fees (common with new builds) and confirm rent comps to ensure the numbers work.

Consult with a tax advisor or attorney familiar with both partnership law and real estate to ensure compliance and minimize tax liability.Once under a TIC structure, 1031 exchanges for individual members could allow them to reinvest proceeds from the sale of properties into new ones without triggering immediate capital gains taxes.

I would generally agree that managing more units under one roof does create some efficiencies. 

Design a clause in your lease that complies with both and ensures you are protected.

The tip about ensuring the agents and loan officers are active on here are both prudent and wise. 

For liability protection, consider umbrella insurance, and ensure your accountant understands rental properties qualify for deductions without LLC ownership.