Personally I like 1 savings and 1 individual checking for each property.

I’m so happy to be here and would love to connect with like minded individuals 😁Welcome!

Don't sell anything but awesome community to be around like minded individuals

@Matthew McCarty and @Aileen OuyangInvesting in anything is specific to each individual's goals.

Cheap materials, thin walls, the LVP was peeling already not to mention the transient individuals in the parking lot. 

If they were separately metered, each tenant would pay the $116.50 base fees and their individual use, which would be 3x higher than what they pay when sharing a meter.There are many options, but don't make it more complicated than it needs to be.

We have done it both ways where we fund purchase and they cover rehab but if the individual is less experienced we do not do it that way, we have them put more money into the deal from the start and fund the draws, reason why is we also had a deal where the person said they would do this and never did anything and property sat and loan matured and it was a pain.Just recognize you will still not get 100% financing for the purchase, so you are putting money in up front. 

Hey @Zach Howard,Happy to connect with you and put you in touch with some solid individuals in Augusta, GA.

This group of 10 individuals has, through direct investment with us, and referrals accounted for over $65 million in invested cash in our syndications.  

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.