Furthermore, the individuals entering into these agreements believe the transaction to be a loan.

Networking events, seminars, and workshops help you connect with like-minded individuals and mentors.

The property has done quite well and has appreciated nicely over the last couple of years as I’ve gone through and improved things unit by unit.

@Dominic Holt , I am happy to review your scenario and suggest changes that could improve your property.

Individuals? 

Residences and cars are not purchased in individuals names.  

Tapping into that equity through a HELOC or cash-out refinance and reinvesting in higher-performing assets could improve their ROI significantly.

If rates improve slightly, a cash-out refinance could lower your mortgage rate, but ensure the numbers work with your long-term goals.One thing to consider is your return on equity (ROE).

If they were separately metered, each tenant would pay the $116.50 base fees and their individual use, which would be 3x higher than what they pay when sharing a meter.There are many options, but don't make it more complicated than it needs to be.

Next year will be even better with improvement that are constantly getting made as this is not a set it and forget it business.