Charanjit,it is possible in some circumstances to co-invest personally with your IRA but since you are considered "disqualified person" to your IRA such transaction might be prohibited.

If the relationship is serious I would think before purchasing a multi family you would of discussed it with him.Anyways now that you own it the best financial decision would be for the both of you to just commute farther than you would prefer to and live in one of the units as you had planned to.

If the owner can hold the paper for a while, it helps her family get the business financials in order and gives them time to build credit.

It does slow a job down, but it protects you financially.

Including a brand new $50,000 roof in 2017Current property taxes $4,377/yearOwner pays water & sewerAs this was a complete renovation there are no historical financials

Below are the following answers about his financial plan:1.

You can automate rent and late fee charges every month and use it to track all the financials, including entering bills and printing checksThe mobile apps are convenient as well.

I'm fine with that but within those bounds, I would like to select the most personable, financially stable, and longest-term tenant interested in my property.

We would then rent a new space in the same park as our current main office for about 10k a month and have that be our main office.Assuming both situations work just as well for the company as far as patient treatment and meet all other needs, which would be the best move financially moving forward for my partner and I? 

Now I don't know how your current life status is, but I will give you suggestions based on upon your possible life circumstance.