I am getting a contract assignment and I have some cash buyers I’m looking to flip it for 800-850 the home is beautiful with a infinity pool and an open layout.

Am I just confirming your intuition?

I bought QB, planned to use it and it ended up as a $200 tax deduction instead of a tax tool....Xero was a lot more intuitive.  

Mike I'm not picking on you, I'm just trying to lay out that this might not be the best fit for everyone.

Built in the 80s, frame, good layout.

I'll lay out process-wise what we have done in the past.  

The JV Agreement should just specifically lay out when your interest kicks in, i.e. when you bring the buyer or do whatever they need you to to get your percentage of the deal. 

Lay out, say, three or four different scenarios and run the numbers on all of them and see how they stack up.For instance, some options would be:Keep the property, continue renting outKeep the property, rent out, do a cash-out refi and use that money to invest in more propertiesSell the property (and buy what?

Once you get a couple planning layout options then you can run a good pro forma and start getting your costs on paper.

The small items they are willing to fix seems like an olive branch in hopes that you'll overlook the CapEx you'll need to lay out for the bigger ticket items.