We all are great quarter backs for our own teams and you will too.  

Hi @Mala S. reach out to Drew Wells at Millennium Home Mortgage  He might be able to work with you and help get you the financing you need. 

Quote from @Drew Sygit:Even if someone gives you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Originally posted by @Drew Gedemer:@Cathie KovacsI always use underlayment when putting down LVP. 

Originally posted by @Drew Byrd:If I apply for an FHA loan on a multifamily property, will the anticipated rental income increase the total loan amount that I can qualify for?  

@Drew Sygit As a PM who has dealt with investors who have been taken advantage of by other PM’s I 100% agree.

I keep my $ working so it drew on margin, I keep liquid capital elsewhere. 

@Charlie Gruber Connect with @Drew Fein who does  a lot of work with BP investors.

This will be a liability account called "Unearned Profit Distributions" or something like that.Then, at the end of the year, when the actual taxable profits of the child LLC are finally known, you make one journal entry to debit that liability account and credit a revenue account for only what is being reported to you on the K-1.So the books for the parent company will look like this:January thru Dec, monthly entry:Cash - Debit $100Unearned Profit Distributions - credit $100.So on December 30, you have $1200 in the cash account and a $1200 balance in Unearned Profit Distributions (the liability account).Then, in March when you get your K-1, you find out that your taxable profits (maybe due to depreciation or whatever) were only $1000.So on 12/31, you do the following journal entry:Unearned Profit Distributions - Debit $1200.00 (to zero the account out for the year)Member Draws (an equity account in the parent company) - Credit $200.00 (This will be the difference between what you drew and what is reported as income from the K-1)Revenue from Child LLC - Credit $1000.00 (This should match the K-1)When doing your tax return for the parent, you won't really do it on form 1065 of the partnership, you'll just report all of the child K-1s on form 8825, line 20.

With that being said, as a California boy, I noticed some things that these cities have in common, it's a city of charm and micro neighborhoods, almost as if they drew an invisible line to separate the good and bad areas (around Cleveland heights, Lakewood border etc).