Whether from the investor or lender side, happy to go into more details if that would be helpful for you. 

Maybe we could have a call to discuss the details. 

I've made a detailed list of what I'm looking for in our first property.

so the city say that it doesn't have to be by an architect but needs to be professionally drawn with as mush details as possible

I think it might help some seasoned landlords answer your question if you share details about your rental like bed/bath count and sq ft.

An example where this could be used is if you have not increased rent on a 1 bedroom apartment (presumably because of local rent control)  and they are currently paying $500, you could petition to raise the rent to the FMV which would be (hypothetically) $1,500.You would have to talk to the RAP board to get more details about how they determine FMV.

Happy to serve as a resource for any questions you may have about the area.Also, like @Karen Wanamarta mentioned, it’d be awesome for forum members looking to help if you could share a few details about the strategies or asset classes you’re looking into.

We would need to see the full picture and discuss the details before being able to provide good advice.

Is there any details I am missing her that would she some more color into the length of the situation?

The other person is your investment partner in LLCPartners in LLC pay taxes based on operating agreement and % ownership (each partner gets a Schedule K-1 to report the income from LLC on personal tax return)@Nicholas Dutson more details needed on your property, what it's worth, etc to answer this.