We are beginning to develop our portfolio so we are open to advice on how everything should look on paper, types of loans, putting current home as biz asset?

If so, if he and I sign on a paper, is that sufficient ?

Properties in the lower cost areas may look better on paper but once you factor in vacancy, true turn over costs, and cap ex, things don't look as good.I have been in a few nice multi-family properties in oildale but most are pretty rough and have major issues with deferred maintenance. 

We go really cheap on some things, like paint,  towel/toilet paper holders, and go higher end on things like faucets.. as others have mentioned, it's an art and you have to find your balance.Also... so  many people forget-- this is someone's future home, this isn't a mutual fund/stock, so you need to focus on what things will make your tenants happy! 

However, on paper you have to depreciate it based on the 27.5 years, so your metric still looks good, but you took money out of your pocket to cover the cost.In my opinion, the only 2 "real" metrics, since are not easily manipulated are: gross rent multiplier at the time of acquisition and cashflow including principal pay down.  

Hi,I am looking for any reports, articles,studies or literature regarding the movement of the MLS from a paper system into the system we know today.Thanks! 

What paper work would lender require in this situation?

But, how many others out there also like paper assets (equities, bonds, etc.)? 

For those of you who still do applications in paper, how do you collect the application fee and photo ID?

Typically, people end up will a loss on paper because of depreciation.