We use a custom spreadsheet and DealCheck to break down key metrics like cash-on-cash return, cap rate, and debt service coverage ratio (DSCR).

At the time I looked, 20 or so years ago, the problem with smaller down towns is the proliferation of nearby strip malls, where the stores are surrounded by a large parking lots, and for laundromats, attract more customers as they can park easily, walk to adjacent stores for shopping, snacks, and browse newspaper and magazine racks, which explains why they do better, there's more customers.

However LP's entity  both in Canada and the USA treated the same as flow thru's entities and that may be what he would want to create an LP to partner instead of a LLC.

However, refinancing too soon after the exchange could raise IRS scrutiny about the exchange's intent, so waiting several months is advisable.This post does not create a CPA-Client relationship.

Do you know what tax liability this method creates? 

But wanted to look at where our customers are at.

He's absolutely right that using debt to control cash flow is also creating tax free cash for expansion.

You are the customer and if they can’t provide the type of time needed to get you set up then you don’t need that agent.

Rather than tearing down everyone, I’d rather focus on how different teaching styles and strategies might suit different investors' needs.When someone consistently promotes one product while criticizing others they haven't tried, it undermines the trust and authenticity that makes this forum valuable.I'm not trying to create conflict here, but as someone who has learned a lot from different educators in the land investing space, it is concerning when I see someone posting carefully disguised spam and trying to make it look like an unbiased review. 

I am creating an llc with a couple friends as we go into this new endeavor.