will not abate the smell of stale urine which will have seeped into your flooring. and last long after the tenant has left.You have held yourself out as a pet friendly landlord and your tenant is trying to do you a solid.This is your asset that is about to become damaged.

I'm surprised that this is so difficult as I'm sitting on a completely owned asset worth 800k. 

@Anwar Abdul-Hadi, there are many good articles and posts on BP regarding syndications.As with any asset type, there are pros and cons to evaluate to see if it is right for you.

It may be more advantageous for him and if they are solid assets he may have no problem with it.If you can get him to carry the notes at a reasonable rate then I say jump on the investments 1st.

You also want to account for your time, you also might add software or services that cost money.-5% Maintenance and Capex - realistically, this is too low.

I expect my assets to perform with a negative correlation to major world markets so if a dip comes I'll be prepared to buy, have cash, and have a heck of a credit score by then to boot.. 

I think the best option (based on what you have presented here) is that you should try to refinance this asset and use that money to invest elsewhere. 

Originally posted by @Jay Hinrichs:@Wayne Brooks  on top of that OCWEN can be a bear to deal with.Not only that, but doesn't it seem like they are only involved with assets in or soon to be in foreclosure...

@Aaron Galat If you have a lot of assets to come after maybe get an LLC, if you're renting with not much for a lawyer to come after then you may be fine w/o one.

When you only invest in assets you truly understand with a margin of safety any excess of optimism in a market makes it challenging to find deals.