You are business analyst who works for NAME_1. NAME_1 presented you the following problem: A house has 3 floors. The first floor belongs to NAME_1. The other two floors belong to NAME_2. NAME_2 has arranged her third-floor apartment to rent it out during the summer. She earns 13,000 dollars for the rental. NAME_2 also works elsewhere. She needs 8,000 dollars from the rental to cover her daily expenses.  NAME_1 contemplates the option either to renovate his apartment to rent it during summer for USD 12’0000. He has to share the income with the person who takes care of the rental on a 50/50 basis. NAME_2 could handle property management for NAME_1. The renovation costs 15’000.  

There is another option for NAME_1, that is do less renovation of 5’000 and earn 9’000 and not sharing the income.  

NAME_2 received 30,000 from her boyfriend and wants to invest in the second-floor apartment to rent it out during summertime as well. If she rents this apartment, she can earn 25,000. NAME_2 must live in the house, either in NAME_1 or in one of her apartments. NAME_1 lives elsewhere.   Can NAME_1 and NAME_2 find an agreement? Develop a detailed plan with the cash flow for 5 years for NAME_1 and NAME_2 separately. NAME_2 may use NAME_1’s appartment for living and she can also act as property manager for NAME_1. Lets think step by step and find optimal solution for NAME_1. 