If so you need to fall into the guidelines (for the investor whos funding it) regarding non arms length transactions.The most common scenarios they typically prohibit are:- Gifts of Equity- Bailouts- Leaseback OptionsAt the end of the day it needs to be a legitimate transaction, with legitimate funds coming into close.

They had no common sense what so ever.  

Feel free to reach out with your scenario details.

Seems like a common scenario for some of the active military we've helped in the Tucson area recently, feel free to reach out if you have any questions!

Whereas if you and the other investors held ownership as TICs (Tenants in common) then you could sell your portion and do a 1031 of your portion while others did something else. 

If you’re newer to real estate, role-play scenarios with a mentor or colleague.

Even with buying down the rate, I would not expect to get better than low 6's in the best of scenarios.

I'm curious about this particular scenario because I'm imagining it as a way where all 3 parties (in this case) can get something out of the deal.

With that being said, in a worst case scenario, you can always hire a property management company to handle the day to day items if it comes to that. 

Yours is a common scenario.