So it’s definitely worth having them assess the space first.Happy to connect as well, when your done with the work to pull some capital out ;)!

The next thing you should assess is if you have clear understanding of investment fundamentals.

How do you assess what your house will rent for?

I was told initially that I could self assess a Capital Needs Assessment, but now they are telling me they are requiring a company to do it at a cost of several thousand dollars for the report. 

Is that fair assessment look? 

Therefore, whether we transfer into an LLC or not, the LLC ownership will match the latest deed and an assessment will not be triggered (saving thousands in additional property taxes).

But that's a risk-reward situation you need to self assess. 

It's damn very facsinating and good for us the investor, but same time is also signaling, hot = good time to sell ; and to re-assess. 

Assess how far your capital can go with cash or DSCR terms.d.

If you and 5 other individuals create an LLC together (6 total), you will want to check with a local attorney to assess the risk of being considered a security.Generally speaking, all members are supposed to be actively involved.