Let me know if you were unable to download and I can email you a version in different format. 

I have done a lot of these for my own portfolio, but am wondering if the tax implications are different if we do a cash out refinance for this partnership LLC and then have to "distribute" the funds to the members. 

Basically, the further you get away from the city the more potential for cashflow, but you're also dealing with a different tenant base that may be tougher to manage.

Since you have built a lot of them, could you spare 15 min to share your perspective on the main pain points of land discovery?

I wasted too much time trying to piece it all together and when you're in different states it's all the more challenging to make sure everything is legit.

Main Edge Properties, LLC in Mustang is one of my companies.

This was not a complete rehab, we were keeping the main bath, moulding, and original dooors. 

If cash flow is the main goal, there are many other markets to consider before San Diego.

@Sean Anthony to us, this situation is really no different than a nonpaying tenant.We try to work with tenants, as "life happens", while keeping pressure on them by moving forward with the eviction process.

You can learn these things over time.Take note, Due on sale clause isn't even one of the main concerns.