thinking to use some portion of that money for down payment and buy another rental If you made money you will pay taxes  - as a sidenote what you had for loans etc. does not matter at all - it goes off your "cost basis" which is the purchase price (lets say $200k) minus depreciation ($x per year times number of years owned) and add back in repairs etc.So if you sell it for $400k and bought it for $200k and depreciation was $20k your basis is $180k + say a new $10k roof - so you are in it for $190k.

Quote from @Roy Nackar: Just wanted to circle back and say a huge thank you to everyone who commented on my post!

Let’s say you had a side agreement that stated a majority of ownership rules, and let’s say a 5% owner objected to a sale of the note everyone else agreed to.  

Even small gestures say a lot.I’ll definitely be at the next event.

Needless to say, as you mentioned, that is no longer the case with current market conditions.I'm biased, but I recommend exploring and considering the option of vacating both units and renovating both sides for PadSplit.

No one is going to give me info unless I tell them why I am searching for the person and if I just say a legal matter alot of people would hide.

Vegas isn't a hub for many airlines, a lot of those flight attendants are probably doing more regional out-and-back in one day than let's say a flight attendant in Chicago.

In my thinking, a property that is currently rented at market, but needs 10k in work, could raise the rents even higher and offer additional equity to pullout, if say, a refi was done in a year.

Lets say you buy a property for $100k and need $50k to renovate it and you borrower $50k and use your own $100k - in order to lose your money and the property the value would have to be $50k or less - so if that is the case then you really either screwed up on the price to acquire the property.A lender can only get paid what they are owed, lets say a lender is owed $100k on a $1M property - the owner gets every penny above the $100k it sells for at auction - which it would because an investor will bid on a house with that much equity.

And when it does move up it also hurts the borrower by likely reducing his home’s fair value if he were to sell.Let’s say a borrower wants a $600k house and is chewing on fixed vs AIO.