Let's also say together we purchase a multifamily @ $1,000,000   I understand the prohibited parties issue.1) If we (myself and the SDIRA) were going to put 20% down...does that have to be in equal amounts meaning 10% from me and 10% from SDIRA and everything is split 50 / 50 or can you still have normal deal partnership flexibility...so something like the SDIRA puts in the entire 20%, owns 50% of the property but gets a "preferred return", etc.2) Perhaps the bigger question is financing, I know there is SDIRA financing that is non recourse but that is typically for 50% LTC. 

maybe just set it up so that equal amounts are invested, then once that point has been reached ......when one has nothing left, the other partner gets a better return on his investment.

But if you want to grow your business building a team of qualified subs who can work to your standards and within your budget is a vital step.

Total Expenses per month equal 3915. 5000-3915 = $1085 per month in cash flow.

Does anyone know if that is a vital area?

We ran across that one month, and we ended up having to send a payment back to the tenant equal to their partial payment.

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff. 6.

I LOVE The delayed financing exception, and thanks to the numbers in my market, my cash outlay usually equals 75% LTV anyway.

The idea just came to me in an effort to reduce our personal cost of living footprint.My thought was that we could split our 4 bedroom 3 bath, 2,400 sq. ft. home into 2 almost equal size family living spaces.We would fill in a 3/4 wall and add a deadbolt lock door to separate the two spaces, leaving the first half with the 3 secondary bedrooms and 2 bathrooms with the kitchen, family room, and laundry, with a garage door entrance. 

I would avoid any partnership that is not equal shares, because it can go sideways very quickly in that arrangement. 2.