She isn't on the condo mortgage since I bought it before we got married, but we do file taxes jointly, so I'm guessing this isn't kosher.7) Sell when their lease ends 8/16, pay the extra tax hit and chalk it up to a learning experience.What would you guys do?  

Pot is *usually* not as bad as cigarettes because pot is not smoked as often as cigarettes, i.e. someone may smoke a joint or two and that's the sum of it, whereas smokers will often go through a couple of packs per day, and if there's multiple people they will each have their own cigarettes.

Starting out is a challenge and is best done by doing some joint ventures with experienced operators who can guide you and teach you whilst keeping you out of trouble.

: pI hear flyers work well in college towns....put them in the grocery store, coffee shop, pizza joint or maybe if there's a little indie record store, used book store, etc....kinds of places college kids hang out in.

Any significant amount of  spilled water on them will ruin them, water getting though the joints to the "engineered" backing, swelling up.

It was taken jointly since both of us are working.

Requirements for a Delayed Financing Exception✓The original purchase transaction was an arms-length transaction.For this refinance transaction, the borrower(s) must meet Fannie Mae’s borrower eligibility requirements as described in B2-2-01, General Borrower Eligibility RequirementsThe borrower(s) may have initially purchased the property as one of the following:a natural person;an eligible inter vivos revocable trust, when the borrower is both the individual establishing the trust and the beneficiary of the trust;an eligible land trust when the borrower is the beneficiary of the land trust; oran LLC or partnership in which the borrower(s) have an individual or joint ownership of 100%.

Everything else is icing.The overview is that I find a person with money to invest, I find a deal, sign a joint venture agreement giving me 50% ownership in the property and 100% control.

What's the difference between syndications and joint ventures, is one more restrictive than the other or ? 

I have 2 builders that would like to do a joint venture.