If those criteria are spelled out in advance it will reduce the potential for disagreement among the members.Good luck.

@Jason MeasuresTime is money you got your money's worth.Now that you own reduce your expenses create more income and equity.Shoot me an email address I can email you a list of expense reductions.Paul

Spend your time and energy on doing deals.

., Spartanburg, SC 29302 TMS# 7-21-00-066.06 1112sf, 3 bedroom, 1 bath, 74 acre lot, built 1959, central HVAC, NEWER METAL ROOF 2013 taxes 1282 (May be reduced by appeal.) 77,350 > Last sold price 2004 72,000 > CRS retail comps 49,000 > Tax value 32,995 > Price OBO Call for access.

Additionally, if I'm not cashing out my own 9k that I put into the pot at the beginning, it could be reduced again (now looking at a purchase price of 170-175k) ... unless it makes sense to wrap my own initial investment into the resale/refi so as to "cash out" my 9k and use that freed-up cash elsewhere.

Not sure of how we or the InLaws could reduce or avoid paying a big old Capital Gains tax payment due to the difference in FMV from initial purchase to transfer.

I had PSE (Puget Sound Energy, based in WA) do an energy assessment and they recommended that attic needs insulation as it is thin.

So, for a million dollar ARV, purchase plus rehab of $700K would give a profit of, at most, about $150K.Now, for expensive properties like this, rehabbers may be willing to reduce their percentage.

Might want to see if you can get the payments extended, reduced, frozen etc. to free up some cash.Student loans are a devastating blow to people who can keep you in poverty and owing the government for a very long time.

By "lending" them your personally owned tools for maintenance on the IRA-owned property, you could be getting a reduced fee for the work done.