You've fulfilled your moral obligation to share knowledge that can help them, but ultimately they need to decide what's best for themselves.

One podcast recently i listened to mentioned that he self manages all his properties to save on the PM fees, but he has some sort of policy with the local utilities that basically gives his tenants a 24hr number to call if something was to happen to say a frig or hvac... he even mentioned it covered a clogged toilet..I am curious what exactly is this such policy he is talking about, because the way he worded it, it sounded like he took most of the headache out of the job with this and he just worries about getting new tenants and collecting rent... he said the policy was cheaper than just keeping a handyman on call to do the repairs.. 

Arizona had something similar to NJ back in 1961, except the lawyers ultimately lost big time.The AZ Supreme Court ruled that such work constituted the "practice of law" and was therefore illegal (State Bar of Arizona v.

So, ultimately I win!

No, No, No.Highly unlikely they will move to save $200/month but if they would then they are not quality tenants.

I'm glad you responded so that I can save up to pay this off.

@Rob WilcoxUltimately, someone has to pay the interest from your personal line of credit.If you want the partnership to pay for it; you would characterize the amount provided to the partnership as a loan instead of a capital contribution.You should understand; that if the partnership is 50%/50% - your partner is ultimately paying for 50% of the interest.

The ultimate question would then be, what is the payback period (from maintenance savings) for spending the extra $470/unit to vent outside? 

The sale of our current home of 15 yrs would allow us, after paying off the remaining 15 yrs of the mortgage, to buy a smaller home with cash and have plently of cash left over to save or invest.

If anyone is interested in partnering up to buy two tickets together (and save some $), please let me know