They just complicate the current decision matrix, and you could be introducing them as "opportunities" to mask what you already know about the situation.

Okay Bigger Pockets Folks The time has come for me to make some decisions: My situation: I live in Sf Bay Area in California. 

I've not been able to receive any insurance pay-out yet (from HO-6 or master) as my HO-6 adjuster needs to know how the master deductible will be "split" - a decision that I fear won't be finalized until each of the (four?)

Good luck with your decision.

How would that slide the lender's decision in responding to an offer?

There's nothing wrong with considering the experience of others in your decision making.

You manage the property manager, make all the executive decisions and you guys split the returns.

They would get a guaranteed rate of return and you remain as the sole decision maker since YOU will be the one who has to hold this property long term.

As for flipping or holding, consider that your flip profits could be taxed as regular income (check with your accountant on this before you make a decision) which can make a HUGE impact if you're in a higher tax bracket.

Make a good business decision and get him out.