You will own a property that has these risks and 100 more:car falls on leg of customer and he is young and incapacitated and sues you tootenant pours poisonous degreaser into public plumbing an it leaks 200 feet to neighbor properties, they sue yourobbery happens and child is trapped in the bay and survives, the parents sue youteen comes in with their helper dog who bites clients, they sue youfireman falls through the roof in a fire (chemical fire) and is disabled because the roof wasn't to code...Although you are only the landlord you have duties to health and safety of the employees, clients who walk in, and the community.Look up: Ng to the Ghost Ship landlord in East Oakland

@Natalie Kolodij so even when I have an LLC partnership tax structure, the rental income passes through to me without a requirement to pay self employment tax on it?

We are looking for help to decide how to structure and pay out family members their stake in the properties.

Is there an ideal way to structure group investments?

He said with a mentor he could have structured these deals better and he wouldn't have had years of break even cashflow.Using HELOCs seems to be a very accepted part of the BRRR strategy many use and I believe still advocated by Matt, so what lessons should have been learned?

We are building our structures on wounds of the past.

As a side question, have you considered structuring the deal so that you own the land outright immediately and simply make support parents to your mom for 30 years (or death); whichever comes first? 

Talk to your accountant about the IRS guidelines, so you can structure your trip so that it will be deductible. 

As long as the bones are sound and you aren't dealing with leaning, major sagging or other structural issues, then why not dive in?

My question is what's the best way to structure paying for utilities?