@Russ SandiferAny transaction, direct or indirect, between a plan and a disqualified party is prohibited. 

I'll continue to do that next year with our only goal of updating the small house we live in now and adding a storage shed.I went into this not quite knowing how I'd do things but in the back of my mind I always had the intentions of when I owned a business be it a full fledged RE investment only business or this ALF business I'd give some of the profits to the staff/team members.I have no idea how to structure it and how much to give to staff/keep in the business -  my idea was to try to pay out 10% profits to the staff - 3.5% to our exec director, 1.5% to our nurse and either 3% or 5% split up and paid to our hourly staff. 

They'll probably ask for other guarantors prior to funding unless you are on their board of directors or otherwise an insider.

I am Executive Director at Bejuca Investment, Llc, a Real Estate Investment company located in Fort Lauderdale, Florida.  

The tenants, both male and female, haven't minded the colors.

Now I'm on the board of directors for one of those REIA's and we struggle with the best way to get our message out that we exist and are an alternative to those high priced marketing and education machines.

Account ClosedFancy seeing you here, glad you found something :-)40% expenses is usually when you own or manage some of the utilties/infrastructure (well water, septic etc), and 30% is a ballpark where everything is city and direct or submetered (gas and electric excluded).But basically take the P&L during due diligence and rip it apart.

It's a 36 unit building run by the Board of Directors with some help from a Management Company.

Before we left Lincoln Heights a year ago I started see young female college students walking their dogs or jogging along N Mission street and even using the park.

I found other condo's HOA's insurances has 3 separate insurances out there:1) director and officer's general liablity2) property insurance3) crime insurance.Thanks in advance for your kind attention and any hint or clues will be greatly appreciated.