Quote from @Bryce Nesbitt: Sure, but you can't depend as a MF owner on everyone setting their car timer to match the building needs. 

I am not saying that to brag, the reason I say it is we all wish we could get into real estate at a younger age - but we are all different and depending on your level of risk, sometimes being patient is not a bad thing as its a marathon not a sprint.  

Like most things in real estate, a lot depends on the circumstances of the individuals involved and not just the numbers and figures.I hope this helps explain my thoughts, and I apologize for the lack of clarity when I defined "arbitrage".

Quote from @Gregory Wilson: This depends on what level of control you can exercise over the W-2 employer.

@Chris RagerFor multi-member LLCs (and depending on the size of the project), you may want to work with a specialist for the operating agreement.

This is really a better question for your accountant first because it depends on what you are trying to offset.

The company offers promissory notes worth $50k, $100k, and $200k+, with annual interest rates ranging between 12% and 16.7% depending on the investment amount.

  😉   Depending on the difficulty and expense, I was hoping to put that property under one of my other llc's.

The time it takes to process an application in 100% dependent on you, your processes, and your policies. 

@Mike Most this is one of the few times we disagree with @Adam Bartomeo:)It really depends on the specific market the property is in.