Very Respectfully,Evan

Best bet is to find a quadplex that is CPR’d into 4 distinct units for sale that each of you buys with your respective VA loans.

The ARV is gonna be 300+k so its should be fine in that respect.

I show my appreciation by operating within the law, treating my renters honestly and fairly, using strong written policies so there are no surprises, and I respect their right to quiet enjoyment.

From investing in / showcasing murals to repurposing recycled materials from a demo to build out community gardens, there are ways to promote goodwill and neighborly respect during rehabs and that's something I'd like to see more of. 

I totally respect the attempt and am happy to jump on a call to throw you as many pointers as possible to make the process less stressful.

I'm going to disagree emphatically with @Steve Morris if you are in the wrong, tenants (and most (non-disordered) people) will respect you, if you apologize and fix the problem. 

It's a different strategy that involves two separate contracts (lease and Option), that should never mention the eachother in their respective contracts. 

Those rates are 5% and 5.5% respectively.

Im talking in respect mainly to cash flow split, but also how cap-ex would be split, as well as appreciation.