@Jason ClecklerIf this is a genuine tax partnership in that it is subject to Subchapter K and files a 1065, you're going to want to engage a tax CPA who will take into consideration your facts, circumstances, and goals so that the buyout can be structured advantageously. 

I have a 4-unit property in Maine that I provide heat & hot water that are currently off of the oil fired boiler. 

Install separate electric hot water heaters.

Given that the Omaha market is pretty hot and there aren’t too many multifamilies out there to start with, we’re considering changing our strategy to start out using BRRRR on a single family investment property so we can get started earlier.

@Colwyn WickershamId sell if it were me while the market is hot .

The market is not very hot in this particular area due to traffic and it would be considered 'out of town'.  

Turned hot water all the way up and left washer connection leaking.  

Self-directed IRA A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation: Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.

this subject has been talked about a bunch on BP.. why do people sell cash flow assets.the argument that they must be selling the dogs and keeping the good ones is not reality.I have been funding turn key companies for going on 20 years now.. they sell almost all their properties.they are in the business of buy rehab and sell.. they are not in the landlord business per se.. now some will have some properties but its not their goal to own hundreds of homes.. its hard to finance all of those first off.just like me who builds new homes why don't I keep them all.. well because I want to sell them that's my inventory to sell just like anyone else and I make more on one sale of a new home than I would with 20 years of cash flow at 200 a month.. so its what I choose to do..

I want atleast 200$ per door cash flow . if you look at the top hot markets your going to find getting good cashflow is extremely difficult if not impossible .