You can guess what kind of commission % was deducted from the sales disposition proceeds.

You just need to work out the rent proceeds with your daughter.

There are tons of threads here on BiggerPockets where you have a new investor bashing a property manager, seller or turnkey guy and then when the experienced investors chime in it becomes very clear that the new investor wasn't telling the whole story and there typically wasn't any wrongdoing by the property manager, seller, turnkey guy or what have you.

@Carlos Ptriawan to add to what you’re saying, if an investor has a mix of properties (great ones and lesser ones) and they are looking to streamline, they could sell the less desirable ones, pay the gain taxes, and use the proceeds to pay down/off the loans on the most desirable properties they want to keep long term.

Ask he/she legal questions surrounding the security deposit before making any rash decisions.IMO - Proceed with the eviction process as soon as legally possible.

This experience taught me to trust my instincts more and never skip due diligence, even in areas I am less familiar with like basements and water intrusion.Any advice on how I should proceed would be greatly appreciated.

But in this case, all the proceeds of the sale of the first property go to you, and you are able to bring the entire proceeds of the sale as a down payment on the second property.

The plaintiffs allege that the defendants, including Wettengel, misappropriated $54 million of syndication proceeds intended for acquiring commercial real estate through DSTs.

in what I just laid out, you'd make monthly payments to the seller just like you would to a bank for 5 years, and then the remaining principal balance of the loan would be due, at which time presumably you would refinance the house into a commercial mortgage and use the proceeds to pay off the seller. 

If you proceed with a deed transfer, structuring ownership via an LLC or legal agreement can outline buyout terms, profit-sharing, and future equity splits with your father and sister.