We are all fairly happy with our current situation and I know that numbers wise staying put with low payments makes the most sence, and living frugally feels great.

Love the area, as we have awesome neighbors, and the demographics are only continuing to shift favorable, but we are definitely not emotionally attached to the unit.Wish I had the real estate background to make this easier, but that's why I am here now - to learn as much as I can from others in order to make a wise decision down the right direction.  

HakimWhat is the JV partner supposed to contribute, cash-wise?  

I just learned more about this at a REI meeting in Albuquerque last week so I'm no expert, but as I understand it can be better tax-wise than straight selling and certainly a whole lot easier than renting. 

But I don't know if it's wise for me to go into so much debt, particularly because I can't be there to supervise, and I don't know if I can line up the financing (credit score = 661/682/690).Any insights are appreciated.

Just what we need thanks for all your wise info Yoda.

your ability to get join / ask your question is great, but i have to agree with members that you need to figure out what you desire as an end goal, be honest with yourself in regards to what you are and aren't willing to do for it and while your at it, It might be wise to set down with your agent and determine if you have the right one.  

Probably best budget wise to keep the trim as is and just go with something that matches it. 

Other than that , there's not much scraping that needs done, anywhere else on the house... it will just need painted .Just needing to know how much I am looking at cost wise , as I will now have to add this to the repairs for the property.The sqft. of the house is about 1800 sqft. and it is all 1 storyThanks so much - Michael

Real Estate wise or not, it's simply overpriced.