I checked into this ownership program through HUD once upon a time (about 8 years ago) and the allocated funds were exactly $0.00 by the local housing authority.

I am calculating my 50/30/20 Rule/Budget (Needs/Wants/Savings) and I am having difficulty deciding where to allocate my Kids Education and Daycare costs...

Im broke like less than 500 in the bank broke, just starting to save with a seperate allocated bank account.

In addition: $250-$300 per unit per year should be allocated to fund your reserve account-look at it as an additional expense.  

Faraz, as of today lending on investment properties: LTV is low compared to 3 months ago so I would suggest allocating 30-25% down plus cost. 

There is vacancy, cap expense, maintenance, typically you allocate for property management even if self managing because 1) You may change your mind in the future 2) it takes time and effort and you should be compensated for it.  

Without being able to allocate the time, you will find it impossible to invest actively. 

I am under contract for a 4 unit property with a lot of poorly allocated space from additions over the last century.Utilities are separated per unit already.One first floor unit has enough space for to be a 3bed/2bath or convert to 2 - 1 bedroom units4 unit ARV is $240k, $2800 gross rents5 unit would be $3400 gross rentsWhat other issues other than being forced to use commercial financing should I consider before making the conversion?

My question is in regards to how to structure the partnership from a capital allocation standpoint.

There's both quantitative and qualitative methodical means of determining your individual asset allocation, which should really begin also with identifying your goals, constraints, and objectives.