The lender may then require your co-signers to be owners of the LLC, but not necessarily.

And while seller financing is a very common practice in business acquisition, the good deals are not being done with high levels of it.Particularly with smaller deals, and especially with a business like a laundromat, there are cash buyers out there.

@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.

And there are even more carriers who would insure co-living rental w/o owner-occupied - for example Obie.

Quote from @Rud Sev: Hello,I am new to the world of syndication (LP investor) and want to understand how taxes at a high level for syndication as LP before asking individual specific questions to my CPA.Notably, I want to understand how preferred returns/cash flows are taxed, if at all, until the amount invested has been returned.

I also own a short-term rental co-hosting company.

Which property management co did you move to?  

Centralize your back office / use remote employees / VA where appropriate to cut costs and improve service levels / responsiveness.  5.

I file jointly with my wife who's a w2 employee.

My uncle has agreed to allow me to use his system, employees and resources to build my own trailer park empire.