But it's too late to switch by that point, typically, so they suck it up and have to pay that five figure transfer tax last minute.Box C stuff also aren't things that the lender controls, even though the government calls them "loan costs."

With board representation and with a “member vote” for each unit owned, bulk owners can effectively control the entire management and financial functions of a community.

You control your destiny.  

Check your states law and filing requirement, but any time you change the control management group (adding members to a Member-managed or managers to a manager-managed) you have to file an update with the state.

Are you the sort of person who thinks war is a great way to control the world population or do you actually value each and every human life?

You were already willing to give up a month of rent, so let him out of the lease, fix the problem, and find a more reasonable tenant.EDIT: you need to get control of the situation.

Think CONTROL of the asset, rather than ownership.  

One partner (who contributed significant capital and had significant equity) wants to keep his large equity and the control it comes with.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

@Paul MalandrinosA self-directed IRA would give you the capacity to potentially invest in something where you can have more control over the outcomes.