Is there any other formal arrangement because the way you wrote it sounds like your wife and her father are 50/50

So you need to be out there finding the next house, finding money, arranging financing, networking, finding the next hot neighborhood, etc...

Regarding Jonathan's point, it's crucial to evaluate the cost of these additions and calculate how long it will take to recover that investment.I'm a bit unclear about your living arrangements.

Make sure you arrange your money requirements when you don't need it.

I‘ve acquired the land, submitted all permits, arranged septic, well, utilities, excavation, and construction/erecting of the home with insulatio and windows/doors.  

Consider implementing flexible work arrangements for tenants, such as staggered hours or remote work options, to mitigate the impact of limited parking.

However, it is important to consult with a legal professional or tax advisor to ensure that this arrangement is feasible and complies with all applicable laws and regulations.

Does anyone have experience with these arrangements? 

How is it in a "simple" multifamily apartment LLC, in which everyone (syndicator included) has ownership shares, that contributed capital does not meet IRS tests for determining percentage ownership, like the Substantial Economic Effect test, or reflect the genuine economic arrangement among the partners? 

I own a medical office in Manhattan but have retired. I have been approached through an agent with a possible lease to buy proposal but need guidance in how to negotiate such a transaction. I appreciate anyone with ex...