I will continued to do that for 5- 6 years and expand to commercial property (I don't have a strategy for commercial yet) and drop the flipping and fixer upper strategy (buy and hold will always remain as the most important part).

And with one of the partners taking his cash, will the remaining partner and I have an issue meeting the requirement that we have the same amount of equity in the replacement property as the relinquished one?

Lease agreeements will remain a in force, if any changes are needed, do so gradually as agreements come up for renewal.

Serve pro also indicated use of ozone but we removed any soft material and only hard surfaces remain. would ozone treatment be useful?

You know... government tips you off... then you send half your staff running to induce a panic at other trading desks... and when the other ones leave, the remaining 50% of goldman trades however they want.

You'd be amazed at how often a realtor will start 40-50k above where they should, then they lower the price as the market falls but still remain too high.

After that year, I would exercise my option to buy and purchase the home for the remaining balance.I understand this is all subject to the terms I can negotiate with the seller.I'm looking for any feedback.

Yes, you could take the option if it remained but why would you if the price was too high?

We have two kids in college and decided that it would not be a bad idea to buy a rental property, split it into small, off campus apartments and have one or both move in, then rent out the remaining units(s).

Lakewood is a great place to be, and I hope it does remain desirable!