The transfer to the LLC is to make the partnership equitable among the three  groups or six people. 

All you get is what you can export/import via CSV file:(We use Propertyware, have experience with Buildium, and have played with Appfolio and RentManager.Buildium is for smaller companies.The other three are tied, the differences being how much automation & customization you want to do.If you don't see yourself growing beyond 150 units, go with Buildium.If you're not very techy and plan to grow over 150 units, we'd recommend Appfolio.If you're techy and plan to grow over 150 units, we'd recommend Propertyware or RentManager.Of course, schedule some demos, take GREAT notes and them make your decision.FYI - there are MANY new options on the market, RentRedi, TenantCloud, Apartments.com, Hemlane, Rentec.

That just sucks returns out of both syndicator and LP pockets going towards reporting. 

The IRS classifies income into three categories: active, portfolio, and passive.

Properties in wealthy suburbs like Mountain Brook or Vestavia Hills won’t meet the 1% rule, but select deals in Forestdale or Bessemer might.But if you just take the median rent in Jefferson county and divide it by the median home price, it’s going to look like nothing meets the 1% rule—when in fact pockets of it might.

I see you’re not a long-term user of bigger Pockets. 

After all, the founding fathers of the US had to solve for a parallel set of problems and did so with the separation of powers into three branches of government.Point 2: Even if a winner does emerge, true power comes from the barrel of a gun, and the United States government has a legal monopoly on power.

We don't accept letters from three years ago or some quack on the phone with a credit card reader.

I came across Bigger Pockets a few months ago and have been learning on my own by listening to podcasts (RE Rookie, On the Market, BP RE Podcast) and reading the various recommended books every chance I get.

I've reached out to lenders here on Bigger Pockets- but their rates & terms seem high (DSCR or just not good terms)- I qualify for a conventional loan, but my DTI is almost maxed so why pay an extra 2-3% DSCR when I don't have too.