I currently own 1 SFH rental in Texas ( I live in Nevada).

My question is whether it makes sense to keep the capital in the deal banking on it performing better long term and the retention of 5 percent of the deal after the waterfall as a long term asset, or if it makes sense to take the capital back and put it into my own deals (my partners and I are currently working on buying a hotel and I could use the capital to get myself equity and to help us close the deal).

Our plan is to rent out our current home, which we own, once we move into our new house. 

Manny I currently invest in this area .

My guess is that a lot of these sellers will either exit their current loan or be open to subto as soon as the rates ease up. 

If the accounts are in individual names, then the person whose name is on the account will need to be on the loan.Although you mentioned that both of you have the same credit score and history, consider who currently has more financial leverage or could benefit from additional credit activity.

He has already submitted an application through Zillow, and we have the contact number of his current home manager.Please let me know if it's still a good idea to ask the potential tenant for a recommendation letter from their current landlord, or if calling the manager would suffice.By the way, what should we do if the tenant has simply provided a friend’s number, and the friend pretends to be the landlord or property manager, or if he just make fake letter?

Here's my list on top of the obvious request for all current lease agreements.  

We had to sell but were told in its current state it was only work 600k.

I'm looking for an investment strategy that should make at least a ~10% CAGR on my equity (to compensate me for the extra effort of not sticking to my current low-maintenance investment strategy), and that would allow me to invest at least $100k per year.