@Brady D'Hont  I see many investors focus singularly on payment agreements, but the payment terms should be incorporated into a broader agreement that covers insurance, independent contractor status, scope of work, indemnification, parties to the agreement and notice procedures to name a few.

Incorporate prospective legal and expert costs into your financial plan.It's important to keep in mind that real estate investing has risks so you should estimate with caution.

When I did it the first time we paid $3000 per house to have photo-realistic renderings made that incorporated all the finish selections we made.

Germain this is a common question and a good one :) The answer is it depends and it may not be your choice.Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find.a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal you need insuranceOne solution to the above is to buy the property in your personal name and immediately transfer it to the LLC after closing, but you will need to get pre-approval from the lender before you buy the property and plan to do this since not all of them allow this.

I learned from +23 years in corporate America sales you need to constantly hunt for the business.

Properties with a "Truckee, CA 96161" street address might be in the incorporated Town of Truckee, an unincorporated part of Nevada County, or an unincorporated part of Placer County.   

Originally I had a set number I was saving for but once I incorporated reserves I realized it's pretty much 10 percent so that's my new mark.

Just recently, with the input from some seasoned professions on BP, the new plan is to incorporate the BRRRR strategy utilizing Hard Money Loans for the acquisitions, my own capital/retained earnings for the rehabs, and DSCR Loans for the Refinance in order to scale as manageably as possible.

your share of income / expenses are reflected on the K-1.If the LLC agreement mentions that you are getting 10% of the income and expenses.You will see a net figure on your k-1 incorporating all the income and expenses.

There are several critical factors and potential risks you should consider to ensure a more comprehensive approach.Regarding your math, it seems well-considered, incorporating key elements like repair costs, After Repair Value (ARV), and projected rental income.