Operating agreement structure would be that I control all aspects of development, pay 5% on his money lent to me during 3 year hold and upon reversion, distribute 10% of proceeds back to him.Is a bank going to loan on this set up?

Both of my cancellations were for things out of my guests control due to this virus.

I know it's going to effect a lot more people financially than it will physically.If you can't control something, then just decide to ride it out and SURVIVE it (financially and physically).And along those same lines I think I will change my focus off of this PITA uncontrollable thing and watch a good (guy) movie (The Longest Day, staring John Wayne and others): https://www.youtube.com/watch?

@Soheil ZarrinYou will need to review your rent control laws.  

Called the property manager and he let me know that yes, there was a leak under the sink that had dribbled onto the floor and it was under control. 

And you cannot 1031 into improvements on property you already own.A reverse exchange allows you to control and improve a property before you take title. 

But it is not relevant to the main topic, so I am controlling myself and will leave it at that.I don't have any tenants, at the moment, who are late on rent. 

Kenny with regards to making sure that the tenants aren’t going to be negatively impacted by a recession or other economic hardship out of their control.  

They also have a myriad of other benefits including the flexibility and power to invest in the gamut of asset classes alternative investments, contribution limits, checkbook control, etc.

is this reasonable - it’s pittsburgh. with one boiler and 4 units, they really can’t control the cost). some room to do some things there - thermostats for each radiator - roughly $200 a pieces, 14 needed - easy. otherwise ‘double hung’ thermostats - the open the windows if too hot!