That new holding LLC buys the up leg property.Based on some research, it appears that we can easily do this by drafting a resolution for our LLC outlining our plan.

I will research the options you outlined and I appreciate the reply, I am very interested in the student housing market and have a few very good deals 11-14 Caps that I want to make a move on

You can list the fourth unit in the fourplex on Airbnb or VRBO, but only for a minimum stay of 30 nights.There are further restrictions, outlined here:https://www.airbnb.com/help/ar...Best,Jon

They will provide you with a Table of Use which will outline your allowances on the land and what other things you need that would require a Special Permit.

I have done my research but cannot find anything that outlines this besides all STR's require an approved permit by the town.

You have asked a lot of questions that with some digging through the search bar you will find have been covered many times.1) Talk to a lender when you're closer to your buy timeline and they will outline the different financing options ranging from 3.5%+ down FHA to 5%+ conventional financing and the pro/cons of each.

Yes, the LPs are putting capital at risk, but GPs are putting their time at risk, and time cannot be repurchased.But as noted above, you are referring to the waterfall, which outlines exactly how the money will flow from the deal, and they can be structured in infinite ways.  

Hey BP community-Below I’ve outlined a deal I’ve found in Florida.

This is subject to occupancy requirements outlined in your mortgage.4.

Consider the following outline for your email, letter or phone call.