Offer incentives for direct deposits or day early pay to an account allocated for rents only.

Allocation of Costs.

Honestly I am finding that while I was saving money to be able to do this, I probably allocated my efforts in the wrong areas (knowledge wise).

I find the deals and then allocate the money among them to earn the highest possible return for the fund.The investors are from all over Europe and the US which I dont see as much of a problem as they can invest in whatever they want and then be subject to cap gains tax according to jurisdiction.

You can see it only if you review the entire tax return of the entity and then manually allocate total depreciation of the entity to a partner, using his ownership percentage.

@Libby Baugher in general you set up each property as a "class" and then allocate expenses, income etc by that class. 

That strategy may not be a perfect fit for every investor, or may only be appropriate for a portion of an investor's allocation.  

You'll also need to allocate payouts and tax shelter for mort int and depreciation of the asset.When you unwind, its more up to the investors if they individually want to roll into another 1031. 

You need to allocate the necessary capital to fix such a problem (typically around $15,000 or so) and to make sure that you have sufficient room on the property to drill on.It's also possible that there could be laws that dictate where on the property you can drill if you have to replace the well, such as setbacks, etc.The bottom line is that you simply want to make sure that you are 100% aware of the state, county and city laws so that you never risk being in a position where you can't provide water to your customers.

@Jackson LongAll of the activity of the LLC (rent income, expenses, etc.) just get allocated to the members of the LLC based on their ownership percentage.