This is just one option before outsourcing to other investors for a cash on cash return on their money with this investment opportunity.

The reason why you wouldn't pay off the remaining loan on your other property is because your cash would be tied up in that asset completely and it would reduce your rate of return. 

There are a couple of us CPAs here on Bigger Pockets who can advise and help with these kinds of returns. 

After two years the initial loan amount is returned.

You must look at it as what your getting in return (Knowledge + Education) as opposed to "giving" something up (50% of the profit). 

I ultimately decided to not pay down any loan faster than I needed to because it would reduce my rate of return for the investment and tie up my cash. 

If he finds a deal that is getting a return higher than the debt, then it may be worth while to go for the deal.

Two entities own a combined 20 properties, one of the entities is a Hawaii LLC and our CPA has proposed $5,500 for this entity that only holds two luxury residential properties (3 rental units),  the CPA has also proposed $2700 for our personal returns.Consulting, as needed, will be billed hourly at $250-$400/hour depending on level of expertise required.This seems very high to me, if anyone has a referral for a good CPA that can handle mostly real estate investments tax returns in multiple states please let me know.Thanks Mike

You'd still get the same owner occupant financing and you could still rent out each room for a higher return. 

She won’t let this go and I have tried reaching out to 2 separate attorneys and I can’t get either one of them to return my calls even after calling and speaking to there assistants multiple times.