How about recommendations on creative financing, how to structure deals etc.Thanks again!

If they are placing capital into other deal structures, with different management, then due diligence should include the operators bio as well. 

We renovated the existing structure and added an addition with more apartments and garages.

If rent is not paid physically at a branch (i.e. it is paid online or via bank transfer), the date of payment will be considered the date when funds reach our account. 

Damage to garage door after partying or fighting reported by other tenants and only now confirmed by seller's agent.Furthermore, one of the tenants on the 3rd floor has reported to me that tenant of second floor has made threats to physically harm her.

Thankfully my job only requires I be physically in the office infrequently, so I could owner-occupy for a year  in "nearby" areas (Modesto, Stockton, Sacramento, etc)... but it is still a major course correction. 

Removing a structural beam to open up a space is almost always an option, not sure who told you you can't (unless there are other reasons we don't know).The electrical work sounds typical of old houses, should be easy to get a budget for.Personally I wouldn't run.

He'll get paid back after the project is completed.My question is, how do I structure an agreement with my friend for what we're trying to do? 

For this one it looks like we might have found a way to structure the whole deal with First Calgary instead.

I've seen listings next to mine accept something like this but haven't been able to see the contract or follow up with the seller.I'm really curious on how these deals are structured.