But there comes a time when you move onto other things, whether that may be giving back to your family or contributing your time to a new endeavor, and I believe this is that point in time for him. 

adjusting for inflation in numbers (x 2017 is y 2021), interest rates then vs now and how that impacts pricing (purchasing x home for $300k based on interest rates in june of 2017 is similar to purchasing y home for $526k today), all of the impacts of pricing and some soft calculations of 2 points in time. 

There can be such a thing as a pleasant basement apartment!

My deal at the moment is structured in that I make a percentage of his deals and a smaller percentage of mine until I decide to make the switch to a regular split.With that said ultimately I'd like to invest in NYC especially since I know it so intimately...but with my funds now it seems to make more sense to look out of the city.

Pleasant have higher vacancy rates, and lower per night rates. 

At the point in time, I'll be cash flowing a little bit more than $100 Lessons learned?

Not like a yellow jacket sting but still not pleasant. 

I would think it would have some language that says the lease survives a change of ownership, such as "Pleasant View Properties LLC or its assigns."

Feel free to reach out with any questions at any point in time. 

At this point in time, I am trying to figure out what should be my strategy with this land since the market is flooded with new properties.