If so, what is the process like a condo association from multi tax lots to a single tax lot.

One major hurdle is the costs associated with transactions, 2 closing = twice the transaction cost.

I’ve paid for permit applications, clearing trees, survey, design and engineering, and architectural plans.

I guarantee that historically the risk associated with sitting the sidelines has impacted at a higher rate than the risk associated with an RE crash.  

They probably think some owners will hide the renter from the association which I could see happening.  

Also, explain how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.

Even if one partner takes a more active role, both should understand the motivations and risks associated with investing.It's common for couples to struggle if they're not aligned on investment goals.

I was told by an associate of mine that they were charged an additional $15,000 at closing due to a "title fee" on top of the ones you listed.

Your local REIA association is a much better option for local networking.

If the owner used a Texas Association of Realtors(TAR) lease, a provision exists for finding a replacement tenant and charges the tenant with a % of one months rentEdit : Fred types faster than me !