It’s crucial to have a solid agreement to mitigate these risks.The Ugly: Without clear agreements, co-ownership can lead to legal battles, credit issues, and potential loss of property.By carefully planning and seeking professional advice, you can navigate this situation effectively and find a solution that works for you and your family. 

But now if you can find a property with an assumable VA (or FHA) loan then you can also assume their interest rate.

this is a great example of the cash flow vs appreciation debateIf I could find some cash flowing properties in A/B areas that have much higher appreciation growth, I would pick up a few of those to have for appreciation growth, even if it means my cash flow could go down a bit. 

Start by talking to your bank to find out how the debt impacts your ability to borrow and what your options are.

Sounds like a great idea but a difficult property to actually find .., the mixed use part throws things off

@Leslie Cunningham this is such a specific niche that it might be hard to find someone that specializes in it. 

Starting LTR investment and working to find good deals.

You'll find this is a great resource for real estate investors all around.

So I would be selling without hesitation because I can find much better uses for $1.75 million in terms of return while taking less risks.

You could look at some of your close competitors who have already done this type of renovation and find out what kind of rent they are getting.