Structure options seem to be the following: 1) all inclusive with one partnership that does everything under one company, gets paid, pays expenses, split 50/50, etc.2) three separate companies- partnership pays operating costs of individual (RE and GC) companies, with profits going straight to partnership and only minimum overhead to other two businesses.3) partnership paying out both business at full retail value of those services?

.), insurance and maintenance.Intent is to rehab to a higher standard and rent out at slightly below market rents ($475 – 2Bed, $525 – 3 Bed) to lease up and then increase to $500 & $550 as individual vacancies occur due to the inclusion of the garages.Performa Financials:Income $82,000 (@$475 & $525)Taxes 11,000PM 8,000Vacancy 8,000Maint 8,000Insurance 2,000Reserves 1,000Net $44,000I am actually hoping that the maintenance will be somewhat less due to the newer appliances and other repairs but we’ll see.Using the comparable (they have a higher finish level but no garage), the ARV is ~420.

The problem is, the system is not all inclusive and there will always be other new systems and gadgets he will try to sell you after you thought you had it all...I should have known better, almost fell for all the hype.

Good on you for posting up Tony, quite a few other starters could take a note from you.One thing I would recommend is to nail down your opening letter/post a bit more, inclusive of what skills you bring to the table (any construction background at all?).

With all inclusive, the cash flow (not net) is $1,740.

Definitely not an all inclusive list, but things to think about and look at/try.

The HVAC cost is inclusive of ducting everything in?

You might even be able to charge a smidge more than the service by negotiating with the cleaners since you have multiple properties (capitalize on your economy of scale).You could offer it to your tenants as an option before finalizing your lease OR just include it in the lease as non-negotiable and advertise the higher rent and the inclusion of the cleaning service.

I think Appfolio is the best cloud based solution that I found so far with fixed monthly all-inclusive fee ($200/month, yes bit expensive for 100 units today!...

My closing costs quoted was all inclusive; Commissions includedAnd your cited 200k was reasonable?