A track record managing a SFR worth $100K does not necessarily translate into owning a $450K multifamily property and that experience doesn't necessarily translate well into owning a $2M complex.

;-)   Or at the gable ends, with letters on the doors:            /  \                   /  \  / 111 \              /111\|   A  B  |           |  C  D  |If that actually translates across the interwebs, I'll be very surprised.  

Its worked really well and $50/month is $600/yr which roughly translates into $6000 value in a 10 cap.  

If you buy a single-family home to occupy as your personal home, it probably won't translate to a good rental down the road.

Would be a good place to start negotiations.Seems like there are 2 good ways to go about it fairly, not sure what's best:1) Every role has a set compensation, mutually agreed upon by all parties before the transaction, and people get paid out according those roles, then profits are split 50/50.2) Every role has a set compensation, and those $ amounts translate into % of equity.

These words translate to "I have a nosey neighbor who is not qualified nor interested in buying but has a free minute to look at properties."

Have the notice translated (Google translator should do the trick) and give the tenant BOTH of the notices. 

I translate that to a couple or roomies paying min 2k a month soon for 2bd but really that will be a 1 bed in many areas.

Good, you can ask for anything, someone will try to translate as close as possible and you can get that policy, Bad, you have a policy that will only pay out what it says it will pay out, you didn't read all the details nor understand all of the details.  

My research shows that according to the state of Washington, it seems that a "one lender to one note" is ok, but I'm not sure if that translates to an LLC being the "one lender".