Where/how does percentage ownership get recorded?

When a tenant doesn't pay rent, it's not because they don't want to...it usually because a large percentage of our country lives paycheck to paycheck...and life happened.

Maybe by a decent percentage.

You also need to use that percentage to determine your All-in costs amount, which includes Purchase price, Rehab costs, Holding and Closing costs.  

But if I got a non-recourse loan and I agreed to pay, say, 8% interest plus 15% of the profits then I would have to pay UBIT.My question was then whether or not the reverse applies .. is there any issue if I want to lend out of my 401k to another investor and receive interest plus a percentage of the profits.

Of course, the more details you share about the property the better, so here's a generic outline to make sure we get all the necessary info to evaluate what to expect:Property Type: (Condo, Single Family House, Multifamily Property)Total Doors:Purchase Price:Year Bought: (Buying at bottom of market obviously makes for more cashflow today)Financing: (Cash purchase, financed with percentage down, lease option, etc.)How You Found Property: (MLS, Off-market, Wholesaler, Foreclosure, REO, etc.)Property & Neighborhood Rating: (A-F, 1 to 10, neighborhood quality and condition of property)Net Cashflow Per Door:Cap Rate, CoC, Appreciation, Etc.: (Any other metrics or ROI figures you think are important to the deal)You can either answer in this format or write a paragraph or two including all the details.

Forget about percentages.

I ran the numbers with my suggested vacancy/management/capex percentages and came up with cash flow closer to $1k.

The main thing is the effect on a percentage number when a vacancy occurs. 

Here's the link to that https://dor.sd.gov/Taxes/Business_Taxes/Publications/PDFs/CETGuide.pdfAs far as analyzing your deal, it's a no-go for me. 50k purchase and 20k rehab (pretty low estimate, and you have to build in a rehab contingency percentage for things going wrong) only leaves 30k for all of those costs, and with a 100k property you're looking at potentially 5-6k for the realtors alone.