Sell it to the partner for $80,000 so the partnership makes a return.

Eventually it may return to a tenants' market but hopefully you've been saving during those years so that if central AC becomes a competitive advantage, you can convert.

The assumption is that there are multiple years of tax returns and income statements to show that it's being operated profitably and with a comfortable contingency.  

It all depends on your business model and what you expect in return.  

Hiding your installment sale with your next mortgage lender is mortgage fraud, that will show up in your tax returns later on and mortgages are audited after you have made them. 

Tell them you will explain to their new landlord that you will be returning their security depost and they will have it as soon as they broom sweep the unit.

There's not a lot of Alberta specific MF meetups because:Market size is smallMost investors think of condos/houses as opposed to multifamily (hence, less interested investors)Debt-financing is hard to come (relative to the US)Institutions are not as investor/landlord friendly (relative to the US)Lots of Canadians invest south of the border for all of the above reasons plus better returns/liquidity/currency diversification. 

California is probably going to be more expensive though and returns will probably be lower than other parts of the country.

Typically looking for 10-18 percent return after expensesHope this helps.

Hello,You should be able to list it on the market in 3 to 4 months.. anything more than that means you have over 100k invested in the rehab which meand you are looking at above average returns or this is the first time you are doing this.Again, you have given absllutely no idea about what kind of rehab are you doing?