I'm not looking to start with $260mil, I would love to start with $5mil which I can if a partner wanted me to finance 70% separately from them.  

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Source: I separated a multi-owner LLC building prior to closing to exchange into a property I own solely.

But after that ... hell, move out and you've got a duplex in what otherwise would have been single-family zoning.As it used to be in Denver and Colorado Springs and most cities in the state, you could rent an ADU separately when you live there, but once you moved out, you legally could only rent the whole property to one party. 

There is one book for 49 states and a separate book for California. 

@Carl RowlesI would keep the property's finances separate from your personal finances, as you have suggested.

Im not sure I completely understand what you're trying to calculate but I would go about it using Excel or Google Sheets and create a "master" and a separate sheet for each property. 

The agency docs have made the separation a bit more clear.

@Jay Hinrichs: said "PS Jonathon i am the dream guy all you morby folks are trying to find :) the money"JLH Capital PartnersContactLenderPodcast Guest on Show #222and further@Jay Hinrichs: said "I personally could give a rip about the buyers safety if they dont know any better and get wiped out so what.. but Sellers thats a whole different matter.. a sub 2 gone bad can destroy them financially emotionally physically break up marriages etc etc.JLH Capital Partners"@Jay Hinrichs: said "So thats the reality from my point of view I made a business out of this for many years and my dad made a business out of this in the 70s through the 80s so lots of experience at it.

They may have a separate system or entity that is used for holding properties vs the business itself for legal protection.