When evaluating your deals how are you factoring your portion of the rent?

If the tenants are paying the Sewer and Water portion of this it turns into a very good deal even at 230k.Mortgage Rate 5.00%Length of Mortgage in years30Monthly Mortgage payment $926.02 Taxes $287.50 Sewer and Water $166.67 Trash $75.00 Heat/Utilities $100.00 HOA $- Cap Ex and Ops $250.00 Insurance $115.00 Mgmt Fee $310.00 Vacancy $155.00 Total Expenses $2,385.18 Total Revenue $3,100.00Cashflow/month $714.82 Cash on Cash Return 13.62%No Sewer and Water expense:Cashflow/month $925.77Cash on Cash Return 18.44%

(c) Except as to such portions of the closing funds representing the settlement agent's fees and expenses, a settlement agent shall be subject to the embezzlement provisions of G.S. 14-90."

The idea was that land stays in the family name.My parents want to just sell the 3/6 portion to the other family members just to get rid of it (but i assume they just don't know what to do with it, or it would cost too much money that they don't have in order to do something with it).

If you're doing triple net leases I'm not very experienced in that space but would you have any depreciation at all, because a larger portion of the value would be in the land. 

My thinking is that there are no other options for buying/renting in SoCal and I'm fine with paying 2000/month to cover the remaining expenses while renting out to a tenant to cover a portion. 

I live in Leonia so I am very familiar with the southern portions but not as much with the rest.

Since I am currently renting, I thought house hacking could be a good idea, but I am not sure that it is likely that I can find a deal in Nashville that cash flows enough so I don't have to pay a portion of the mortgage.

Sometimes there may not be enough "meat on the bone" in a sponsors mind to share a significant portion of the promote with another sponsor, so a seasoned operator with a large pool of investors may pass on an offer to partner up.

I'd direct them to the Township Trustee who has a portion of our property tax money in my area to help people in need.