You then pay someone to clean it and fix everything, and send him a statement within 30 days with a check for any remaining security deposit. furthermore, you screwed up by letting a couch and lamp keep someone from renting your place.

Can a fund be set up where one person owns (owner 1) 20% and another person (ex. family member) own the remaining 80%. 

All of a sudden, some properties may not be able to cash flow because of the decrease in rent, but there P&I would remain the same, but taxes who knows, & insurance would decrease as well. 

The best operators will be there to make the remaining money that is always in the housing markets.

Tip: tell him/ her that the rent is going to remain the same otherwise they will refuse to sign a lease.Good luck and do it asap.

A 10 Cap is a 10 year payback period where a property is paid for all cash and the NOI remains constant, a 5 CAP is a 20 year payback period under the same conditions, a 12 Cap has a 8.33 year payback period etc.

On whether you get credit for "life remaining" on the carpet.. it depends. 

I had somehow managed to remain oblivious to the fact that neighbourhood association and, in some cases whole communities, banned clotheslines for aesthetic reasons until about a decade ago when friends of ours moved into a new subdivision and erected one.They eventually challenged the neighbourhood association and were allowed to have the clothesline if the neighbours adjacent to their property did not object.  

Understandably our sister wants to remain in the home but will not currently qualify to get a mortgage to compensate the other 3 siblings for their share.

As long as a buyer can meet the rigorous qualification, it seems silly that the limits remain so low.