I want to share an application of this strategy that can help when moving parents into a long-term care facility, particularly in high-value real estate markets like California and Hawaii.Here’s a simplified plan:1.

We’re planning to rent our home when we move—but we know we will be moving out of state. 

They have a free plan that I use and I can include 1 more person on my team.

If ownership is a single member (me), then one of two things happens. 1) we go with the lease agreement option and then Partnership B is receiving passive income that is much lower than what is expected; or 2) we go with a management fee option and then all the profit flows to Partnership B, but the expenses unequally benefit me as the single owner. 

The current interest rate environment has put a damper on a lot of investor's plans to execute a cash out refinance. 

I don’t think your plan is going to work, but maybe I don’t understand.

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEI will provide details below, but here's the short version for those who hate to read or do math.

But lots of expensive moving parts with very little statutory guidance.

@Ade Akingbade so, you jumped in without looking and you're now in over your head.You bought someone else's problem without a clear plan to turn it around.Highly recommend dumping this property and taking whatever loss you have to.Otherwise, you will just lose more money trying to fix this situation when you have no idea what you are doing.Bring your funds to Detroit - which is growing!

Sellers aren't that motivated to drop their price as their monthly expenses are low and they still have a lot of equity thanks to the run up over the past few years.