If you think you can get enough additional rent to justify turning the unit and placing a new tenant, then it should be fairly simple to give non-renewal notice and hopefully it would be a clean move out.

Someone suggested I get a handyman and lately I have been thinking that despite having a few contractors I have relationships with that have done quality work I don't really have a "team" or collection of people to call on that I trust for fair pricing and good work and reliability.

But needs to appease the seller who has been fairly accommodating until this point, and they just want their money. ( he has done 3-30 day extensions) I thought this was an opportunity to help him avoid capital gains and put some money to work in the mean-time.

If you do the work and put up with a little bs and are fair with the tenants you can turn a decent profit.

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.

All of these units cash flow "fairly" well and the businesses support themselves, but not much more than that.

I have not been directly involved in that space in a few years, but at that time crowdfunding for real estate was not permitted and regulations still remain fairly restrictive (accredited investors and the like).

restaurants would not work w/ the live/work codes.Of course this is all dependent on which building code you are using, this is mostly based on the IBC as well as Fair Housing. 

If it matters, these would be very high end rentals with potentially very high maintenance guests.My question is: how would you go about structuring this type of partnership and what would be fair compensation?

It’s fairly easy.