On a personal level, i love to travel, mostly cruising!!  

To be the sponsor I look for 50% of equity upside and I look to give out 8% preferred return.Some passive investors focus in on that extra 1 or 2% preferred return but I would care more about the sponsor running the ship and the property.Extra return sounds good on paper but 12% of nothing is nothing. 

I think the only ship that doesn't sail is a partnership, I've been through it as well.

Also, flipping in a hot market you should follow the Tom Cruise Top Gun mantra "I feel the need, the need for speed!"

Daughter-in-law had right of survivor ship as we're tenants in common.

The chimney is either letting cold drop into the house,,,or shipping heat outside by the natural rise of heat.Furnaces /boilers with pvc venting dont. 

They were just concentrating on running their ship.

The tax assessors site is not an indication of legal title, only who is being taxed.Finding owners is called ship tracing.

They even have an informational CRUISE.  

Memphis city as a whole has a fairly large % of rentals compared to homeowner ship.. so I agree that exit in most instances there is only going to be to another investor.