I will be leaving Oct 28 and returning Nov 12.

If I was to offer an investment vehicle that guaranteed an agreed upon return which would be backed by Real Estate (SFR), the local Government, and an option for a company buyback if the homeowners didn't pay the agreed amount:1. would that be something you would be interested in?

Then you can easily get confused with the rules that often seem contradictory.If your goal is to get a general overview, the BiggerPockets bookstore sells two books on REI taxes that are an easy read, unlike the Vernon Hoven book recommended by someone earlier.

@Jonathan JohnsonAsk for a copy of the trailing 12 numbers for the building.  2015 P&L and Tax Return if they will give.Find out about property taxes and insurance.  

The reason I sold was that I was self managing and moved too far away to conveniently manage it.I have continued with multis on the premise that more units under one roof, one structure to maintain, and one set of plowing produces a better return. 

@Aaron LindenYou are welcome.....and yes, thanks for pointing out the discrepancies within neighborhoods.This is especially so if somebody chooses to invest in some C and below areas where the lure of cash flow may look good on paper but the headaches more often than not may eclipse the perceived returns.

We want to end things amicably and as easily as possible. 

I feel kind of stuck which seems ridiculous because I could easily afford a good down payment on a 110-150 K home.  

If the acquisition costs are higher, it will lower your COC.Remember, you can make just about anything "Cashflow", if you put enough money down and reduce your payment, but you reach a point where the return doesn't make sense.  

There have been 3 major developments (easily 100+ units each) that have gone up over the last 2-3 years with more phases rolling out soon.