Roof, plumbing, hvac, water heater, etcE.  

This structure incentivizes the GP while offering LPs a fair share.Don't forget the preferred return aspect, which is typically around 6-8%.

I have a home inspector looking at the roof and foundation.

Investment Info:Single-family residence buy & hold investment in Montgomery. 5/17/24 purchase.Charming Little 3/1 - We are remodeling all inside and out including new roofing, this is our first project out of state, it will be a BRRRR, hopefully first of many to come.

Not to mention EPIC UNIVERSE in 2025 which will blow the roof off this market. 

leases.The only work I think it immediately needs is fixing the back steps and a few roof repairs.

The home is turn key with a new roof, furnace, floors, AC unit and paint inside and out within the past few years.

Other repairs since the new tenants moved in include, a sliding door lock replacement, drywall repair from a roof leak, 4 cracked windows, a broken front door handle, light fixture replacement, blinds that are longer than the window, window screens and now a ceiling fan making grinding noises. we're about $5000 into repairs/replacements right now since the tenants moved in.

This can be less adversarial and often less costly than going to court.Given the complexities involved, especially with real estate investments and an LLC, it's advisable to work with professionals who can guide you through the financial, legal, and tax aspects of the division.

I worked for companies that had full time people that did aspects of this.