I think you could split after sale for a non-taxable event, the total basis transferred in would be split across the two "new" properties.Calling @Dave Foster to give his insights here, lots going on in this one.

The University related events can make or break a full year, so you really have to capitalize on Graduation, Parents Weekend, and home football games.  

Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.

I don't even know if they are a real company yet they do FB live events every week. 

The important points often glossed over are (1) is the buyer providing their personal guarantee to the seller for the note (2) is the seller maintaining a wrap position so they can foreclose in the event of default and gain ownership (3) is the buyer putting up additional collateral (4) how large is the down payment (5) what is the LTV (6) is this a personal residence for the seller or investment property (7) will the property cash flow and if so what will the cash flow be (8) is the property in a increasing, declining, or stabilized area (9) is the property being sold at market value, or above market value because of the low interest rate of the existing mortgage and (10) how experienced and what is the track record of the buyer, and is the buyer purchasing a property for investment or to live in or otherwise use.  

@Jack LeeTo improve deal analysis skills, use BiggerPockets Calculators, YouTube channels, podcasts, books, online communities, Excel spreadsheets, and local networking events.

I don't know what to do to best protect myself, and one problem is I also don't know how likely these events are.

Lots of things are going on in the world right now, to include Hurricane Milton and we keep those in Florida in our thoughts and prayers.From the previous month, below are some real estate updates, data points, and current events!

A great way to start is by attending RE events and joining a local investors association.

I liked the reduced crowds more intimate event than especially last year’s event.