I 100% understand your explanation on how it works better the other way.

After awhile it becomes ‘cheaper’ to buy a quality property close to home.Hope my explanation helps.AG

But you need a model to follow or carefully depart from, and a series of rational explanation for why that model works.

Overall, it gives you a vertical and horizontal explanation of real estate investing with multifamily properties. 

You just have to have the knowledge of where this is found and if and when the lender ever finds this (which they don't) then a half page letter citing the exception and a brief explanation covers this. 

That explanation was extremely helpful.

While I appreciated that she did not attempt to insult my intelligence - unlike her son - by denying her involvement in that, her explanation for allowing a third party to place such a sign on our ~$250,000 property left me underwhelmed.After discussing it with my partner, I made Jekyll a generous written offer to make things right to a - reasonable - point.

Investor interest 3. manager/contractor principle4. manager /contractor share profit evenlyThis is a great explanation.

Thanks for the explanation! 

You could try and pass it down to him with some written explanation and hope for the best.