They don't need many jobs to put food on the table, so losing "difficult" customers like you is no big deal. 

Want to lose a friend get in business with them.If everybody puts in 25%, and I was in that partnership, I'd want 25% share of income and capital gains.And work on the properties should be hired out not done by a partner like your slef.Why do you need the partners? 

Can you lose your ability to rent in the future?

The money has to come from someplace, either the seller is paying (by losing equity) or the buyer is overpaying in a residential deal. 

Just don't let it get you down, inhibit you from continuing to invest, or lose too much sleep over it.There may be some lessons here in terms of tenant screening or the types of properties you should invest in.

@Alan CoreyHi Alan.Let's say the property is worth 500 000$ at 95% occupancy based on its NOI and the cap rate.Therefore, the same property with 50% vacancy would cut the NOI by about half since you lose half of its revenus.Using the same cap rate for half of the NOI would lead you to a value of 250 000$.

@Richard D.I agree, judges do tend to side with the tax suit defendant/owner in these cases and Bankruptcy courts are there to protect creditors and losing a major asset over a few thousand dollars in a property tax suit doesn't fit their charge. 

I think he getting ready to lose the place.

And brokers that use that old formWhen done correctly, these “deals” are not illegal.I’d say they are more for ‘advanced’ REI and certainly carry some risk when the deal goes bad.From what I see, the problems are investors are not following every requirement in NCGS Ch47G, and/or their contract for leasehold interest is flawed, and/or they lose their buyer.So if you connect with a homeowner that is looking to sell their property and has already contracted with a broker, do you typically stray away from those deals because they might resist these more “creative” approaches?

Some lose money.