The (3 or 4-plex) property must pass a "Self-sufficiency Test", meaning that YOUR income alone will NEVER be the only thing taken into consideration - from day one!

A reasonable consideration and back and forth is fine but total inflexibility is going to continue and it irritates me.

This is for the consideration of "what next" if you do decide to take on carrying a gun.

After all, the average height of a basketball player is 6 foot 7 inches.

J Scott, you can put up all the arguments you want, but the fact is, we are still sitting around 10% unemployment, 4.5% of all mortgages are in default (according to a news article I read today), my personal 401K is 40% lower than it was at it's height under President Bush ( a very conservative 401K too, I make more money on one RE sale that I have made in 10 years in my 401K), the economy sucks and Obama can't blame Bush any more.You cheering for Obama is like cheering for the Detroit Lions, the New Jersey Nets and the Kansas City Royals!

Yet, since this house is actually worth 100K, my gross rental return on what I COULD SELL THE HOUSE FOR is considerably less, around 10.7%.If this is fuzzy math please enlighten me.

Careful consideration will be needed to ensure that any marketing documentation complies with the financial promotion regime in the relevant jurisdictions.

As to your first question, you really need to get local advice from an attorney.Your considerations should encompas the general issues, partnership agreements, disolution, death, taxes, insurance, spousal interests, buy-sell agreements between the partners, how the property is held, finaned, how the property may be encumbered later on, just a long list of concerns.

Perhaps the 2 of you could then start your own forum topic - I think I would be thankful for that basic consideration from both of you!

There are other liquidity considerations too, which necessitate looking at your whole financial picture.The Mortgage Professor is Professor Emeritus at Wharton (arguably the best business school in the world) and has similar calculators on his site:CalculatorsI would trust his calculators over others FWIW.