You can always refi in the future.- Why do you have to do all 4 rehabs at once? 

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?

When you mentioned pulling out $110k, that’s the perfect snapshot of how equity can turn into future deals without selling outright.So, if you were to rinse and repeat, would you still go for another rental thta’s already turnkey, or would you look for something you could add value to?

And let’s be honest—most investors are ultimately driven by financial gain.

I get asked fairly often "How are things in the Smokies right now?"  Here is the answer.  Our year actually begins on December 1, because those revenues are not booked until January.  We also have a "Pace Report" (PR)...

@Mike BatorMight be interested but would need to have audited financials on the current rentals to even have our investment team consider it.

It’s important to prioritize your business and financial stability.

Cash for Keys is a method used by landlords and property managers to encourage a tenant to vacate voluntarily in exchange for a financial incentive.

With limited time I have in US, I have some financial targets to meet, one being scale and increase my net worth.

These are a few of their oldest investments, so I'm assuming I'll be seeing similar "opportunities" on my other two investments in the future.