This is extremely common and called "business use of a home" for tax purposes.3.

@Chris Seveney:I'm not talking about the SEC or regulators, I'm talking about LP litigation which is very common when deals go bad.

Worst case scenario, you can also offer to pay half of their closing costs in order to incentivize them to accept your offer, as well.

please message me I'd like to discuss scenarios and the deal  

*Two-wire ungrounded systems with two-prong receptacle acceptable *Two-wire ungrounded system with three-prong receptacle unacceptable unless supplied through GFCIBased on that, the 3-prong outlets you put in wouldn't pass if they test them.If you're interested, here's a list of the top 10 most commonly failed inspection items (in order from highest to lowest failure rate) from one county Housing Authority:1.

I've done research in finding and analyzing properties so I feel somewhat comfortable in that regard.Here is a sample scenario below of a real property I've done some analysis on.

@Jingwen Dunford It's also common to have the waterfall structure of an operating agreement define any excess cash over the preferred return as return of capital in addition to capital events such as a refi or sale.

I did everything else.......the legwork to find the property, I purchased it, I used my crew and subs to do all of the necessary work, I got it on the market and sold it.The split was 50/50, and sometimes slim or even a loss.Think about how this scenario would work for you.

There is "No rebuttal" to this question trust me I have seen a hundred scenarios over my 18+ years in the mortgage banking world.

Me personally though, I always try to look for scenarios where cash flow & CoC, as well as other indicators (DCR, GEI, etc.) perform a bit more aggressively/positively in both the short term and long term.