This would mean not being able to claim depreciation, interest, etc.Alternatively, if you and your husband owned the property out-right, then this wouldn't be an issue.However, if it is done this way, your brother won't qualify for section 121 exclusion if the event the property increases in value significantly.Again, a lot of moving pieces.

But assuming you come to a good value for you, you could likely increase that dollar amount for the same net cost to you long term if he will hold a note at low or no interest avoiding larger bank loans.

What can you guys suggest to increase cash flow to the property?

As housing in California continues to skyrocket in expense, it increasingly makes sense to leave.

Mortgage payments would increase if you take out more of a mortgage, or if the rate moves upward. 

We'll likely throw money at it once someone moves out and we need to improve it to increase rents yet again. 

Anything you do to increase NOI yields an increase in value that can be quantified.

.- Increasing Demand Across Age Cohorts: Boomers downsizing coupled with a growing number of Americans who can no longer afford to rent or own traditional housing continues to drive demand for MHC - see chart below.- Limited Supply: Only 10 new MHC sites have been approved in the U.S. over the last two decades - see chart below.- Downcycle Outperformance: MHC is the least sensitive property type to negative changes in GDP.

I could do a flat utility bill on top (rent + x for utilities), or I could just slowly increase the rent.

I would increase these budgets to around $4000.