And I agree with most, better to have that quick conversation with a lender to make sure you are pursuing the right types of deals or price points etc before you get out there and spin your wheels making offers etc.

Work at saving money rather than spinning your wheels trying to do th enearly imposible.

So, if the first 3 deals were all 70/30, then your partner came up with additional capital for the 4th deal, I could spin up a new Series, and that series could have its shares held in a different split.As for saving all the cash flow, that's one approach.

It's easy for out of state investors to spin their wheels looking at properties out here when you've got lakeside mansions just a few streets away from serious blight. 

Once you have that figured out learn to analyze deals so your not just spinning your wheels.

If the meter starts spinning when you turn it on you have water running from an open valve or a leak.

@Kevin B. my head is spinning!

I started in in 2-4 family back in 2007 before making the shift to self storage in 2011 and while I learned a good deal in the multi-family if I could do it all over again I would definitely skip that phase:)Just something to keep your wheels spinning. 

I pounded the pavement thinking I could do better, but now my head is spinning! 

.- Don't get all wrapped up in the LLC language, I was trying to read and understand all that lawyer talk and my head started to spin.