If it is too late, you can make an adjustment on the settlement statement for the payment that will go to the seller.

The rents have SOME room for adjustments but wouldn't want massive turnover. 

Length of due diligence period. time until closing, master lease or master lease option, or just a plain option, delayed payments, adjustments for taxes water etc.

I have been an insurance adjuster and I have been a roofing/GC contractor so I understand both sides.

- The 1BR is at the high end of market rent at $450/mo.Monthly cash flow should be $325~350 currently and $400~$425 with rent adjustments.

The basics are:Price it fairly,Offer buyer agents a reasonable commission, andGet pro photos.If you do #2 and #3 right and you are not getting any action, then you just need to adjust the price.

If they need you to pay interest for IRS reporting purposes, then you can just do something like agree to pay all the interest on the back-end (at the time of sale), and then adjust equity ownership to reflect the interest payments and even out the total profit split between the two parties.They get their workaround, and you get the 50/50 split you were promised. 

I'd suggest that you budget VERY high for this work and adjust your bid accordingly.  

However, with the new tax laws your adjusted basis of assets is one of the limitations for the QBI deductions so now there are cases where, if qualifying, capitalizing but using bonus on items makes more sense so it's still listed as depreciation- not just an expense.

You should consider this when renewing a lease and adjust the rent $s accordingly.