This deal highlighted the power of strategic investing, proving that even small-scale rehabs can generate solid returns when executed efficiently.

The 45L tax credit is an energy efficiency tax credit available to owners, builders and developers of apartment buildings, townhouses, condominiums and single family homes.

  :)Compared to some 1 bedroom comps in the area, we think we'll be ok. 

Makes his time more efficient and complete.  

Quote from @Devin James: We're actively looking at new building plans for future buildsHere some things we're considering while balancing design, cost, and functionality.1) Cost to build – Simple rooflines, efficient use of space, and minimal wasted square footage.2) Functionality – Does the layout actually make sense for how people live?

The best strategy is a blend—using AI for efficiency and data-driven insights while layering in human expertise for emotional connection and brand voice.

I don't know all the dynamics with your daughter so I can't compare.

Efficient Maintenance & RepairsWith trusted contractors and proactive maintenance, property managers handle repairs promptly, preserving your property’s value and keeping tenants satisfied.3.

Partner B will get $220,000 + the single wide, while Partner A's heirs will get the apartment building and the double wide.They intend to sell one property ( the double wide mobile home ) and use the proceeds to either pay down the loan or reinvest in another rental property (possibly in another market).To defer capital gains tax, they plan to use a 1031 exchange for reinvestment.Goals & Challenges:Tax Efficiency – Structure the transfers and payments to minimize tax liabilities for Partner A’s Spouse and the Children.Guaranteed Income for Partner A’s Spouse – Ensure a fixed monthly payment of $1,100/month while transferring ownership to the Children.Long-Term Investment for the Children – Build a solid rental portfolio to support future financial growth.Operating the LLC Under New Ownership – Ensure a smooth transition, including removing Partner A’s Spouse and Partner B from the LLC structure.Proposed Plan & Questions for Advice:Instead of outright gifting the 50% interest, the LLC will be restructured so that Partner A’s Spouse retains a Preferred Equity Stake that provides them $1,100/month in priority payments but gradually transfers ownership to the Children.Payments will only be made when rental income is sufficient (i.e., when rent increases to $850/unit).Partner A’s Spouse is willing to forgo payments in bad financial times but wants assurance that they won’t face any tax consequences on unpaid amounts.If Partner A’s Spouse passes away before full ownership transfer, the Children inherit the shares at a stepped-up basis (avoiding capital gains tax).Questions:How should the LLC Operating Agreement be structured to allow withholding payments when necessary without triggering tax or legal issues?

A good PM is efficient with solid policies in place that enable them to act quickly and prevent things from getting out of hand.Legal Compliance & Risk Management: A good PM knows the law and protects you by obeying it.