John Warren, that makes a lot of sense for the other partner to have some skin in the game.

She also is threatening court .Left carpets dirty ,lease says they are to be cleaned before move out,many holes over90 in walls mostly pinholes but some nail holes are big, mold in bathroom an blinds very dirty an 1 valance  broke, byfold floor support broke too an door left off .

To put it into perspective, any 4 unit property that you do find (there are not many) are usually no less than $750k to get into and the rent amounts generally dont support the deal.

Here is an interactive map that I feel gives some insight: https://www.nytimes.com/intera...I do believe that in 20-30 years, Midwest markets like Cleveland, Detroit and Pittsburgh will be even more desirable given their proximity to fresh water and they all have existing infrastructure to support larger populations. 

And the reward on the other end is financial freedom and flexibility that allows you to support your family and your dreams without running on that RVU treadmill and feeling like taking a vacation means losing money.

Do the demographics support having that laundromat there?

I think you need to ask yourself what can the market support right now? 

So you're worried about the appraisal not supporting the purchase price and you having to cover the gap?

You now owe capital gains tax on $29k, which is the amount of money you took out that was above and beyond your "skin in the game."

One of my houses had some issue with the foundation here in the Bay area, with cracks showing at the doorway, and although the specialist told me that it was "not as bad" and "on the cheaper end" (needed to add more support and a drain system), it still cost 30k including permit costs.