So, I can provide you with my personal experience, which is reflective of my personal risk/reward tolerance/objective.One half my real estate portfolio is invested in notes, average annual return by interest is about 12%.  

Seeing as the place offers a ton of concierge services, it might reflect back on the owner and change the tax situation.

That was the initial goal, but further reflection has me looking at other options entirely to increase the timeframe between property acquisitions.

Just wait until fuel prices really begin to rise and reflect..Inflation destroys savings.

This will provide an objective assessment of the property's worth and help establish a realistic selling price.Negotiate the sale price: Considering the appraisal and the $100,000 discount, negotiate a mutually agreed-upon price that reflects the family member's offer and the property's market value.Draft a purchase agreement: Consult with a real estate attorney or a qualified professional to create a legally binding purchase agreement.

@Aaron Adams I don't know you and my comments do not reflect upon you!

Detroit has considerable urban blight, and the real estate prices reflect this. 

The way the property manager manage the fund is the same, the proceeds should just now be sent to the LLC name/bank account instead of the individual. 1099-MISC should also reflect that, and as such all the contracts showing the new ownership of the property. 

To get an accurate reflection of what these are you will likely need to speak with a commercial broker in your area.

It's a big responsibility and your performance reflects on an entire industry that is full of poor performers.3.