All cash-flow thereafter will be split pro rata to the LPs the General Partners until the 15% Preferred Return is achieved.

On a ground up development deal - are construction costs split pro rata between the LP and GP?

Also see caveats abovehttp://thefinancebuff.com/the-backdoor-roth-ira-a-complete-how-to.htmlIts important to follow step 1 mentioned in the link, cause if not - your conversion will be taxed by the percentage of pretax money in all IRAs (the “pro-rata rule”).

You should pay less for the home for both the pro-rata rent and security deposit

, with the pro rata portion of the capital gain attributable to the investment period, as opposed to the primary residence period, being taxed at the capital gains rate. 

Our agreement wording is:After additional deductions for cleaning and repairs necessary to restore the premises to its original condition (less allowance for reasonable wear and tear), along with deductions for any rent due (including rent loss during periods of restoration), late fee, caused inspection/eviction, utility, notice, legal and any breach of contract costs, the balance of the security fee shall be refunded pro rata as follows: 10% of the remaining balance for up to one month of occupancy; 20% for two months, 30% for 3 months, 40% for 4 months, 50% for 5 months, …and so forth until 100% for 10 months or more of occupancy.We also look for applicants who have demonstrated by past behavior that they are capable at staying at an address for some length of time; one year minimum, more is better.  

So you will earn the base rent every month plus each tenants pro rata share of common area expenses, taxes, and insurance.

I think you need both (plus a balance sheet) to really examine property performance.A month-by-month P&L with proper pro-rata expenses (e.g. taxes) and set-asides for maintenance reserves and the like might tell you more about how your properties are actually performing.Great read, nonetheless.

If you have 50,000 that means you have 50,000 of EQUITYTake 50,000 and divide it by the equity portion of the LTV ratio you expect to get:So... 50,000/25% if it is a 75% LTV = $200,000 This means you can purchase a property valued at 200,000 at the given LTV assumption of 75%.Break it down further like this:200,000X.75%= $150,000 debt you can borrow200,000X.25%= $50,000 Equity you haveTotal = $200,000 of course this doesn't count for closing costs etc... so you need to factor that in (maybe use a lower LTV ratio)Creative ideas I would use:-Owner finance as much as you can where it still cash flows a t a nice rate of return paying that note-Joint venture with someone who has some equity and go into the deal together - split the returns pro rata according to %'s invested.

adding meter is like $3-8k per meter, pro rata billing based on unit size