If they can not explain those coverages in relation to a rented condo unit you may what to seek out one that has a better knowledge of that situation.   

., (1964) 42 TC 1067.The Supreme Court has explained that the distinction between co-owners of property and partners depends on whether they intend to and, in fact, join together for the present conduct of an undertaking or enterprise-The following factors are often cited as evidence of this intent:The agreement of the parties and their conduct in executing its terms;The contributions, if any, that each party makes to the venture;Control over income and capital and the right of each party to make withdrawals;Whether the parties are co-proprietors who share in net profits and have an obligation to share losses;Whether business was conducted in the joint names of the parties;Whether the parties held themselves out as joint venturers; andWhether separate books of account were maintained for the venture.The court held that the co-ownership arrangement constituted a partnership for federal tax purposes.

Any economic Pros out there can dive a little deeper on this subject so I am able to explain this better to my Clients?

So, I believe this would explain how much I know about it.

Somebody explain to me in a rational manner how the property manager should be stopping criminals from breaking into the home?

The biggest thing I learned was, I am an agent and in this situation, I could have explained early on what the sellers could net in the current condition and explained all the buyer pitfalls.

That may be your chance to explain company and what you do.The motto is ok although I would try it without the  "distressed".

Shiny object syndrome holds back more investors than any market condition!

That's because there are no tax consequences to the grantor until the option lapses or is exercised.If the option lapses (that is, the holder chooses not to buy the real estate), the grantor has income equal to the amount paid to him or her for the option.If the option is exercised by the holder (that is, the holder buys the real estate), the sale proceeds for purposes of determining the grantor's gain or loss on the sale of the real property includes the amount the grantor received for the option.The grantor's tax deferral can only be achieved if the agreement is a true option.Great explain,  Ashish.

Give both of them a notice and explain they are entitled to quiet enjoyment of their space and when quiet hours are (look up your local info for the city).