You're essentially buying into a partnership with your friend with the partnership owning and operating the property.Now, the financial side of that gets more complicated and would generally include an advanced proforma/financial model that includes a GP/LP equity waterfall schedule that is based on how you and your friend agree that you will pay her and also share the profits.I assume that won't make sense to you right now, but I'll send you a DM.

Thanks in advance! 

Thank you for your input in advance. 

You can also schedule inspections in advance.

Thank you in advance for your advice and connections – looking forward to contributing to the community as well!

Thanks in advance for your input!

You can always withdraw money from your personal to LLC or vice versa, however, it's important to draft an agreement by calling it "letter of advancement" so it can be documented when you advance/lend money to your LLC or retrieve money from your LLC to your company for legal and auditing protection.

And in many cases this may be warranted as health and safety issues may be present.  

You may get some decent advice here, but you will want to build that relationship in advance anyway.

Thanks much in advance.