.- Guest Feedback Analysis: Derived from guest reviews to pinpoint strengths and areas for improvement.- Amenities Overview: Shares % of most sought after amenities in each market- Design Trends: Trends observed in top-performing properties.- Top Property Links: Direct links to benchmark against leading properties in each marketLooking forward to your thoughts and suggestions! 

Once you start documenting, you can start to derive your own principles from your lessons which you can apply to all areas of your life to help you succeed.

Typically, multi-family properties where the valuation is derived based on income generated from the property. 

There is a tax known as UDFI that applies to the portion of the income that is derived to the IRA from the borrowed capital.  

Is the  income derived from the comm property the income you plan to use for qualifying ? 

So you would have an allocation in excess of 45% for this particular property (but maintenance/cap ex should not be based on a percentage of rent).I am unsure how Mike has derived his maintenance/cap ex estimate, but I am curious.  

Thank you for taking the time to share your success, failure and the derived lessons.  

I can't really see any issues deriving from such an approach.

@Cody Steck - see the link below:http://www.mobilehomeuniversity.com/articles/evalu...I personally see the 70 multiplier as function of an expense ratio and a cap rate derived in a single number.

If you intend to fun a flipping business out of the LLC you need to be aware of the UBIT (Unrelated Business Income Tax), which is would be assessed on all incomes and gains derived from unrelated business activities (flipping would fall into this category).