They are getting what they really want, and you are crafting the deal to where it will still make sense for you.One potential issue is if what is most important to them is most important to you as well.

Knowing it means understanding what the potential (real) cash flow will be, based on what you are looking to pay. 

If your market supports medium term rental demand and you're having issues getting booked, put yourself in a potential guests shoes when reviewing your listing. 

You want to be protected from all losses and the rent check not coming for a year while the unit is being rebuilt is one of those potential losses. 

@David Denney, you've got another potential problem besides the 1/3 partner that you're keen to move on from. 

If I potentially need to move away to be on site, is there going to be any problems regarding the FHA loan?

Your potential return is unlimited, but for this you get to deal with toilets, tenants, and termites.

Being new to the REI world, I'm eager to connect with fellow investors, real estate agents, and anyone with insights into the NC market.Whether it's grabbing a coffee, enjoying a drink, or visiting potential properties, I'm open to various ways to connect and learn from each other.

My biggest fear is getting on the phone with a potential seller and not being able to articulate or persuade them to sign a contract with me.

I am also looking for potential partnerships and referral networks in both the San Angelo and Abilene area, as we are neighbors.