This issue, while easy to solve, only came up at the end of the process.

That's why appraisers do the comparative approach and then secondarily the cost approach.So far, 100% of the time you don't get dollar for dollar back from what I've seen.

Curb appeal for higher-end properties will be much more important, especially when it comes to marketing - most ads and main listing photos feature the front of the property.In this case, I would consult with a professional - i.e. landscape designer or stager.

I am also studying to get my real estate license and anticipate sitting for the exam at the end of February.Hey @Brian King, welcome to the BP Forum! 

And you don’t have to pay it back when you sell, you do an exchange.

In this type of area having just 1 or 2 properties is ok because your tenant base is higher end and more stable. 

To record it as December, you would have to back date it and the bank reconcilation would be off.

From there, you can better estimate the end numbers and work back to figure out the GP/LP  equity needed and the estimated returns.

Hi Aidan, when you first started you can create your partnership agreement per deal depending on what your end goal is for the property. 

She provided me incorrect information and my 6% locked rate ended up closing at 9.99%.