@Francis A.All depends where you look it’s hot all over. https://www.usatoday.com/story/money/2021/04/15/home-near-me-here-were-top-20-u-s-housing-markets-march-2021/7218326002/

Very happy with the way the exterior is turning out and so are the current tenants.Hallway #1 got some paint, looking bright and clean, did the repairs to the ceiling ( the previous patch panel was held in place with nothing but joint compound)Sanding started and trim was painted in Hallway #2 and its coming along nicelyAPT 11 after some back and forth over design and a few supply setbacks got cabinets up and installed and the kitchen floor is in!

I'm not exactly sure about PA but here in CA we can't just kick them out even if we're fixing it up unless you plan on it being your primary residence which I'm guessing you're not.And when you add COVID on top of it, it becomes even more difficult if not impossible.Here's are a couple of great articles that should help:https://www.parealtors.org/new...https://www.equalhousing.org/u...Also, talk to a great real estate attorney and put them on retainer.

Your return would "show" the 40k and theirs would show $40k or $80k (depending if they were filing jointly or not). 

We purchased the property and took out the loan in our names and then entered into a joint venture agreement with another investor. 

I mean who would use their phone for this you cant type on your phone .. or I guess U can but very slowly..  

Additionally, a unit owner is jointly and severally liable with the previous owner for all unpaid assessments that came due up to the time of transfer of title.

If you’d ever like to talk strategy, pm me :) Do u mind sharing specific numbers on your deal?

If you want to get all ur money out on a refi, you need a bank that can loan you a high enough LTV, or u need to buy at the right price.

Should I create a joint venture with the investor?