Deal structure would be leverage GP/LP equity for A and D and vertical construction debt and then refi to perm and hold the asset.

I've come to terms that some negative cash flow is to be expected in my market, just trying to minimize it as much as possible by structuring the deal.

Right now, we are stuck on setting up our LLC/Structure in order to work towards this strategy and want to be sure we do so the correct way before getting started.

Before you are allowed to see an offering structured as a 506(c), securities regulations require that an advisor determine your suitability for an investment, disclose investment risks and give you a chance to ask questions.  

The better ones seem to have a dorm room structure of cleaning and caring for the units with chore assignments.

> Prior owners want nothing to do with the property, I'm unable to structure any kind of deal with them, or fix issue of husband being removed from title, or undo foreclosure auction (thoroughly checked with attorney).Recently discovered repairs needed totaling 20-40k which I cannot finance. 

I'm not sure if DSCR limits the number of structures per lot but if so, and you are indeed talking about multiple structures on 1 lot, I think that a commercial loan from a local/regional bank could be a good fit if DSCR won't work.

I am sure there is some limit to that, such as the roof needs to be structurally sound.Can anyone share experiences with this product and its installation? 

The out of state family friend may have to get licensed in Texas depending on how you structure and what they are doing. 

Hi! My business partner and I have a joint LLC (shared business bank accounts / credit cards / etc) - pretty standard stuff. We currently own one door (split acquisition and closing costs and contribute equally to man...