The buyer was easily able to figure out living arrangements for that time, it was the moving all their stuff twice and storing it in between that was an issue.

I never provide receipts for materials , what my arrangements / discounts at the supplier are none of the customers business .  

I am really not sure how to structure that arrangement.

@Amber Boskers, not enough cash and too much debt would be my biggest concerns too.If I understand correctly, you are contemplating getting involved in a JV with people you have not partnered before and you are providing 60% of the cash (300K?).

The title company will likely arrange it if that’s what you request.  

I'm hoping to 1031 into a larger MFH investment or self storage...but I've contemplated a good-looking OZ fund in Colorado as well.  

As long as this trend continues, I think we are more comfortable with this arrangement.

I don't think you have to give the tenant first opportunity to buy, but if you can negotiate such an arrangement, it would be easier. https://www.courts.ca.gov/docu...

For example a woman may not want to share a home with a man (and some men don't want to either) they don't know but if it's a situation where the house is split and everything is professionally handled I think some people would be more interested, basically it's a more appealing arrangement to a potential tenant from my perspective.

Your method is what I originally planned to do, but the book made me contemplate otherwise!