I think you can make a case that funds that bought a few years ago with debt thats not fixed might have some issues or cash needs.U can make the case that new buys today can pick up some deals. ?? 

.$500,000 Exclusion for Married CouplesThere are certain additional requirements you must meet to qualify for the $500,000 exclusion.

I think I am gathering here from the responses that we are safe to say as a GP we own the property as are the other sponsor, but for additional clarity, disclosing shares in some cases may help bolster tacit understanding of who does how much of what.

Ive placed 2 people recently in multifamilies in Jacksonville and they are rehabbing them to have great cap rates and have no mortgage debt over their head. 

Another thing I struggle with is that at one point the big house where my son grew up was 800K, and now its only 550k, so that's another issue I am having in addition to an emotional attachment to that house.

., I think it is interesting when PM's charge all of these additional fees ontop of their monthly PM fee percentage.

This is a great addition to your portfolio.Tchaka

You may be able to get creative with Mezzanine debt or Preferred Equity, but those are typically for larger short term deals. 

Which they don’t clean so it’s additional income haha.

This is why as @Shawn Mcenteer to be on the safe side to give a full additional months notice to avoid any disputes is great.Eviction laws are strictly enforced - so better to not play loose.