The deal hasn't performed up to projections and the GP has offered to pay me back my original capital plus 12 percent to buy me out of the deal.

Whether you are considering such an arrangement from either side of the equation, your feedback will be instrumental.Here’s What We’re Exploring:Homeowners/Investors: What are your thoughts on offering your property through a rent-to-own program?

SalIda, Colorado is a beautiful mountain town built on the Arkansas River, near Monarch Ski Area. Along with a vibrant art scene, restaurants & easy walking it attracts year-round visitors seeking fly fishing, whi...

This approach will cover your mortgage and still cash flow, especially as current interest rates, expected to decline, may not offer immediate cash flow year one for LTR's.

I have couple of questions from people who are well versed with this zip code and can offer valuable suggestions / recommendations, if any. - Is New Port Richey a nice area to invest  from a buy and hold perspective? 

No point in hypothesizing if they can even purchase. 2) Offer them money to move out.

We presented this seller with a contract-for-deed offer which was accepted after some negotiation. 

House hacking is so smart and you absolutely can offer your room for rent as well.

Also, you may want to consider using a note servicer (in my area many title companies offer this service). 

Some would argue this offers more protection.