The goal is to pay out my silent partner via sale or cash out refinance in 5 to years.I'm a bit at a loss in terms of how to calculate the math so that the split is properly accounted for upon exit of the silent partner but that we also accurately take into consideration the ongoing payments of income.

@Neil SinhaTax write-off is a non-issue because the sale will exceed the tax write-off in terms of financial gain.If his goal is to pass on a portfolio to his heirs, then the property wouldn't be abandoned and not have tenants.

In terms of housing, the best bet is whatever is the cheapest, whether that is renting or buying.

Which is great, but also a problem in terms of money working efficiently. 

@Joel Owens Very insightful in terms of tenant-landlord relationships

I am locked and loaded to close on a HELOC and I was wondering what others have experienced in terms of their FICO score once closing on it?

Which neighborhoods do you invest in Syracuse and how is the return in terms of the 1% rule? 

By investor friendly I mean has worked with investors before and understands what we are looking for in terms of rehab costs, ARV ect.

In terms of benefits from this project, what outcome are you looking for?

If it's much nicer than the other units, it'll definitely cost more, now in terms of that much more, I doubt it since it's only a 1 bed 1 bath.