My apologies for the lack of information - I was sort of just posting to get a temperature gauge for office rentals in general.

I also wouldnt let your mom go into 2nd position on an investment property with any sort of restructuring; it doenst sound like she's in a position to risk being wiped out.Overall, though, if you want cashflow on the new property but cant achieve that after a refi into a market rate loan, it probably makes more sense to just flip it, pay off your heloc and your mom, and use the remaining capital for the next deal.

Just trying to sort out an assumption so I can plug it into the model I build and calc post-construction LTV and sale assumptions.

I am a firm believer that if someone raises money they should have some sort of experience and also financially have a strong foundation themselves.

Some items might hold more weight than others, but you guys should sort through that together.You also might just do the partnership deal by deal - sometimes jumping into a partnership before you have officially worked together is NOT the best idea...

If you want to be truly passive while living abroad you could consider a DST transfer or syndication where you transition your properties to professional management and get paid as a limited partner and not have to worry about any sort of property management takes.

It's not fully closed as in drywall, it's sort of a faux wall on our side, but the tenant could open the door on his side and come through if he wanted.

If so, does anyone know of a lawyer, who can sort this out with a quick phone call to Airbnb?  

been working to wrap my head around depreciation and I have had a puzzle I am still sorting just because I refinanced last year.

I was thinking about doing real estate sales on the side as a sort of part time hustle while I'm in school and working my w-2 but that's great to know.