We don’t co-mingle funds, using business money for personal expenses…we can do owner draws and owner contributions in and out of the business checking account.  

Property is in Katy TX, and I am on the Deed and title as co-owner.

I have had several Colorado LLCs (single member LLCS with one single family residential rental per LLC, so very small-time) for a decade, and always file my periodic report so am in good standing with the Colorado Secretary of State, but have only just heard that I need to file a BOI report before the end of the year.

All three generate leads from insurance claim residents and traveling professionals (medical and the trades).One of the advantages of FF has been that it's forced us to have systems in place to create leases, accept security deposits without co-mingling and provide "live" customer service. 

We are looking to purchase a fourplex in the Colorado springs area, for our first property in about a month or so.

I own land and a fairly new mobile home in Henderson Co.

Cap rates are at 5-6% on a stabilized SFR with a long term rental strategy.Only strategy I am seeing pencil right now are with a rent by the room / co-living strategy .Flips in some areas kind of make sense where you're all in for around 80% and can make a spread.I'd suggest evaulating different strategies or markets, else you may burn yourself out - this is learned from experience :)Shoot me a pm if you'd like to chat - I'd be happy to chat and help save you some time.

From co-investing to leasing or new developments, I’m open to exploring how we can make something great happen.Feel free to reach out & let’s see where this can go!

Because you'll be the titleholder and you'll be hiring the sub-contractors, you'll be co-responsible for what they're doing.

Yes, it is your debt to pay, the title co. just didn't catch it, and deduct it from your proceeds.