It is the former because people want it now. the problem started when people is buying without thinking of the risk.most people only want to buy the income stream from rentonomics.the problem with basic investors are they do not understand when we invest to equity or even debt is that we are buying the spread actually.in cheap money financial regime, with interest rate of 1% and cap rate of 7% we have positive 6% spread which I feel the risk/reward is sufficient to proper for any rentonomics to run.but we're in expensive money regime now with interest rate of 5% and cap rate of 3-4% (depending on class) so we have negative spread of 1% where it's guaranteed investor would lose money. there's also issue with supply especially in sunbelt.i meant it's not the fault of GP but it is the fault of LP mosty because they do not understand all these risk.when interest rate is high like these, obvious choice is to move from equity investment into debt investment (conservatively of course). when cash could generate s much as money as when we work, obviously we can also try to add more allocation to cash position rather than equity investment.And all of these are actually predictable, when Fed prints gazzilion tons of money during covid, the problem in 2024 is expected to happen.What?

So, from that perspective, I like the idea of "involuntary conversion provisions" to not have to deal with increased "income" in 2023 (because of the insurance payments) and huge "expenses" in 2024 (because of paying the contractors).I thought that has nothing to do with CSS, partial dispositions, having to "retire" the old assets and start tracking the depreciation of the new assets (after all, the CSS allocated 5K to the old roof covering, and we paid 18K+ for the new roof).

I know from experience that things will ALWAYS COME UP IN RENOVATIONS and it can honestly be hard to agree on the allocated time for some of these changes)- Plus many more items - it's easy to get out of control with contracts. 

The use of actual cost records in this approach contributes to the overall accuracy of cost allocations, although issues may still arise as to the proper classification of specific assets.

I know there are plenty of insurance agents that want you to allocate a considerable amount to insurance regardless, as they are not fiduciaries and that’s how they make a living.

Take the time, energy and resources you are allocating towards this and refocus it on the underlying real estate.

Usually, they allocate a certain percentage of the loan to each house when you initially close your loan - based on values but then they also add a premium for the release so you're paying 110 or 120% of the allocation of the loan when you sell..So lets say you have 4 houses and three of them are worth 100k and 1 house is worth 200k.

Your ideal asset allocation should be tailored to your specific circumstances and goals.

The agreement would outline how profits, losses, and ownership interests should be divided, which will guide how you allocate the gains.  

Travel expenses can be very tricky - there are a bunch of bifurcations based on if the trip is primarily for personal, primarily for business, or somewhere in-between - including the allocation of airfare and other costs.