Most of us keep our money tied up in other investments and may not have capital readily available at any time.

Grow stronger for the next remodel.

I also have a 12 unit doing really well at 24600 Euclid Ave. in Euclid near brand new Amazon Fulfillment Center and a 24 unit in Akron doing very well too.Feel free to reach out to me anytime.Swanny  That's right man, you live and you learn.Glad to see you growing the portfolio with stronger properties, Mentor will be a good one to hold.

So in short my cash was not tied up very long at all.

There is a massive difference in lifestyle and immediate spending power for one that has liquid funds vs one that is all tied up in assets that isn't easily liquidated.  

They want to make sure they will be paid back, and if they're not, that they come out in the stronger position between the two of you. 

The principal behind Multi-Family investing is growing stronger and stronger every year.

As a Huntsville native, I can tell you the success of Huntsville is still largely tied to Redstone Arsenal (https://en.wikipedia.org/wiki/Redstone_Arsenal) and Marshall Space Flight Center.

Since it;s just 2 of you, it's hard to have a tie breaker, but you can agree to have a 3 party tie breaker OR do as Venture Capitalists do, ALL partners have to agree to fund a deal or else it's not going to happen.Good luck ;-)

While I'm in the 'just write a check and close the deal' camp, if I wanted to tie up a deal in order to carve out a piece of it, I might ask what my buddy Mike Cantu (wholesaler extraordinare) would do vs.