That may cause issues down the line, as might be out 50K and no house, since the others still hold title.Iv been warned of situations like this, and it brings up red flags for me with the seller.Did he mention anything about joint ownership to you?

I'd love to add you to our Buyers List but even more importantly I'm looking to develop genuine, solid, long term working relationships for win-win investments!

I plan to acquire ownership or control of 7,000 units within the next 7 years through a combination of syndication, joint ventures, and personal acquisitions.Strategy – My strategy it to acquire moderately sized (50 to 150 unit) properties in emerging markets that are currently at a C+ to B- grade, as well as acquire large multifamily (160 to 350 unit) properties in stable areas around major industry and academic institutions that are B- to A- grade.

If you and your wife file a joint return then both of you are the tax payer for that property because all activity of that property is reported on the sched E filed by the two of you together.  

Because I genuinely love it. 

You'll find investors from novice to veteran who can answer just about any question you have and many may be willing to even do a Joint Venture (JV) with you.  

. - will make them off-balance and either not rotate properly or be noisy (think of an off-balance washer in the spin cycle).Some of them allow installation of extension ducts so joints can be used to make up for the off-level.

If you focus on doing this then you will not have to worry about "selling" anything to anyone, you just have to be transparent and explain the offer(s) you've come up with and why it is good, fair, and reasonable for both parties ... it will come across as genuine because it is genuine.

There are also investors locally that might be interested in a joint venture. 

I have a similar situation in the works, with a trust I manage.My adviser said would be best If I took out joint mortgage on the property where I was personally listed as mortgage holder with the " Trust " listed as other mortgage holder.