Financing costs are much more expensive than they were a few years ago, and you just never know when a property is going to be a maintenance headache or you happen to switch to a market where rents happen to fall over the next 12-18 months. 

I actually ended up doing what @Jonathan Greene suggested just for the sake of being cost effective at this moment.

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

From there I've repeatedly used slightly edited versions of those same docs on multiple subsequent private lender funded transactions.

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

Have a conversation with your partners and mention to them that you are interested in buying them out.Make sure to factor in closing costs on the future sale in your offer.

The interest rates you are high and it is not likely that you will make a return that exceeds the cost of that debt.I would consider selling to pay off those debts.

We're thinking non-refundable, extensions due to tightening lending(at a cost).

I know many hosts have completely recouped all their down payment and furnishing costs within the first year just by doing a cost seg.

He will be headed to a rehab center and eventually assisted living which will be costly.