My yearly gross revenue is  about $92,000 and my cost per unit/door stabilized remodeled is about $60K .

The dept of finance has my estimated gross income over 150k then what it really is.

Limited partner's test: (Only three test -Under temporary regulations, individuals who are limited partners and meet the more-than-500-hour test, the five-of-10-years test, or the three-year lookback test are treated as materially participating in any activity of the limited partnership for purposes of applying the passive activity rules)De Minimis RuleIf a qualifying real estate professional aggregates activities into a single rental real estate activity and the taxpayer’s share of gross rental income from all of the taxpayer’s limited partnership interests in rental real estate is less than 10% of the taxpayer’s share of gross rental income from all of the taxpayer’s interests in rental real estate for the tax year, a de minimis exception applies—the taxpayer can determine material participation under any of the tests in Reg. § 1.469-5T(a)  that apply to the rental real estate activities.

Management fee is typically around 10% of the gross rent.

The second highest grossing property we manage Lessons learned?

Take that number and subtract your mortgage and that will give you gross revenue.

I have a stable long term job in manufacturing grossing approx 250k a year.

.- We've upgraded 75% of the units with fresh flooring, paint, cabinets, countertops, and appliances as needed.When we took over the property the 16 units were producing around $9000/month in gross rent.I just checked our rent roll today, and we just crossed $17,000 in gross income monthly!

Thus, again, raising rents by 3% or 4% each year is imperative.Anyway, the PM told them it would be 10% a month gross rents, and the owners got very angry and upset. 

A debt structure for SFR that's valued by cap rate as opposed to individual appraisal.Im open to speculative conversations but here is the scenario.Tenant: National tenant, operating 4000 leases nationally on single family homeswilling to pay 1% of gross value and sign a multi year lease.