Once we understood these, we translated them into four property characteristics: type, configuration, location, and rent range.

How are you altering your future estate plans if this goes through?

Not a good idea as you probably know since co-mingles and alter-ego's your LLC.Where are you looking to invest? 

I would plan the addition to be "recessed" from the face of the building so the street appeal of the building would not be altered.

The 1% rule is just a rule of thumb, I have found that it doesn't always translate well in more expensive markets.  

You need to protect your corporate veil by not co-mingling funds or using the LLC as an alter-ego. 

What do these percentages translate to in the numbers that matter...dollar$? 

However, as your first capitalization and not doing it as a matter of practice in my layman's opinion isn't building a case of using the LLC as an alter-ego. 

Response rate has increased each time. 1st round only one callback; which translated to one offer and no deal. 2nd round 5 callbacks; one offer (cold call); and no deal. 3rd round (just went out), 2 callbacks so far.- Last November, while researching the parking industry, I came across a non-profit organization called Veterans in Parking (ViP).

I then translated this tenant pool's needs and wants into physical property characteristics.