You have to sit down and determine what each person brings to the deal and what that's worth.

What part of their decision to give folks some money back doesn’t sit well with you? 

Here's some quick info that might help clarify how rental income is taxed: Real Estate 101: How Rental Properties Are TaxedIt probably also wouldn't hurt to sit down with your tax professional and have him/her give you some expert advice specific to your unique tax situation.

It will sit on his credit report until he settles the amount with the bank. 

Every decision has to be run by a group of people sitting in an office somewhere.

Maybe need to have a sit down with the buyer/seller/closing agent and get some explanations.

And the sad fact is that Baltimore City would rather have the property sit vacant than negotiate or waive the outstanding amount due.As has been said here and elsewhere in Bigger Pockets, there are investors who know how to make money in the D-class rental areas.

As if they are setup correctly the value is better than for homes just sitting in a park.

Obviously dollar cost averaging would be different, but sticking everything in the C-fund is not very attractive from where I sit...Still undecided, but I'm definitely leaning toward rolling my TSP into an SDIRA or E-QRP and putting it in multifamily.Oh, and real estate is actually better from a taxable income standpoint than Roth or Traditional IRAs...

We have money to sit on this thing forever, but obviously that's not in the business plan.