And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Eric,Without going into too much detail on each line item, at first I use my back of the napkin method with a 40-50% expense ratio.

For us that's 15% off the top line 

Some people only want 10-20% of their outstanding lines/debt balances available while the other 80-90% to be in fixed rate notes.

When you get your name on the distribution list, are you then "in line" for a distribution every quarter, or will you need to call and request a distribution every quarter.  

The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

.), and anything else that is important to them.Ask follow-up questions to dig deeper and learn more (without being too intrusive) then jot down any relevant notes so that you can reference them down the line during your follow-up calls.

I'm glad to see you're both nearing the finish line.

Cash from an equity line How did you add value to the deal?

I am open for either options but would like experts advice for a newbie - which will be most beneficial  down the line in 5 to 10 years.