Lot Developers & Land Investors: With 100% LTC lot development financing now available for builders with takeout contracts, securing bulk deals with national builders is more critical than ever.🏡 Who’s buying?

Meanwhile, Partner A’s Spouse is willing to transfer their 50% share to the Children but wants to retain a steady monthly income from the rental properties.Key Facts:Each rental unit currently generates $550/month, but market rates suggest it could be raised to $850/month.The Children will buy Partner B’s 50% interest using a bank loan at 7% interest.After the purchase, the Children plan to pay a minimum of $1,500/month toward the loan while holding excess cash in a reserve account.There are 3 properties.

Great topic, which is made better with examples.  

The one I am current using is terrible. 

Padsplit is a new one too that people use to rent rooms

@John Davis be sure to check out all the city landlord requirements.Michigan also has an online Landlord-Tenant Handbook that is awesome source of info.Lastly, be sure to join the RPOA investor's group in Grand Rapids.

(NOT AN ATTORNEY) and this is not legal advice.

Build to rent development is a great strategy.

And know what your cost of lending is on a daily basis. 

And to look ahead with real estate investing is super smart.