Is there any other formal arrangement because the way you wrote it sounds like your wife and her father are 50/50

Sounds like the classic living out their deposit scenario in which they will deplete everything and leave you with nothing to cover repairs, clean up and other turnover costs. 

Other big things in the saint louis region, like the CityPark soccer stadium in the downtown region which costed over 450 million dollars and was completed in late 2022, shows that growth is possible and is happening in many ways around the city. 

Completely achievable, my buddy.

This will sound vapid, but one of the most important tools we each have is our ow minds and having positive self talk... 

Sounds like the best option is to sell this one.If you move out this summer, you're not going to get the owner occupant tax savings like you would if you hold out for the 2-year mark.

Then he stops working because he was waiting on the engineering drawings to be completed.

I live with my parents right now so I don't need to house hack, if I get a duplex it's getting rented out completely. 

@William Brock sorry if this sounds like a dumb question but what does STR stand for?

That sounds extreme unless you are the GP of multiple large syndications or own tons of doors.