My position would be to only allow the new resident if they meet your requirement but NEVER let the one moving out off of the lease until all of them are gone.

I also have equity in the home I live in (no longer paying rent). 

If it doesn't cash flow positively within 3 months, avoid them and find someone else.

I am not interested in using Bluestar as I have found nothing positive about them anywhere I have looked.  

There is a means test for income and equity.

This way, you can potentially build equity over time and have more flexibility in renting out your unit in the future.Ultimately, it's important to do thorough research and consider your long-term investment goals before making a decision on whether to choose a condo or a co-op for your primary residence. 

Now I am closing on my 2nd prop in the same area and will have 3 total by the summer all CF positive in a great area with appreciation.

That means you would need to refinance, usually with some down (if you don't have enough equity) and a higher interest rate.

Our firm actually does no small amount of work with private equity firms that buy NH based businesses... and then don't want to deal with the NH tax issues and farm it out. 

I want to ensure my interest is perceived positively, without harming potential negotiations.3.