For example, a telephone number used for marketing should not be used by other departments for other subjects.By segmenting the use of telephone numbers by purpose or by subject, enterprises can improve their number’s status as legitimate.2.

@Adam Johnson Once you get past a certain amount of notes (5 NPNs, a lot more if they're performing), it gets really easy to lose track, get confused on what's happening with which note, and subsequently have things fall through the cracks that become unnecessary emergencies.

You can actually purchase the property in your own name, get the more beneficial financing, and subsequently transfer the property into an LLC (you may have to wait a month or two to do the transfer - check with the lender).

@Jennifer Sisson Managing remotely from that distance is a high risk enterprise.

I suspected it was from a leaking roof, which was subsequently replaced before I brought the property but the wetting and drying over the years created cracks in the drywall and the vibration from the opening and closing of the garage door helped to separate the drywall from the drywall nails. 

However with the California Claw-Back provision, should you have owned a property in California and1031 exchanged the property to an out of state one, then later decide to cash out and sell the out of state property, you would not only be subject to the taxes of the state where decide to sell the property, but also to California state taxes due to this clause.Furthermore, California has passed Assembly Bill 92 (around 2013-2014) which essentially allows California the ability to track subsequent sales of properties once they are exchanged out of California.

But if there's little to no growth, then you don't have to worry about the taxes on the subsequent sale.Going to your question about how to structure this kind of JV, it's hard to summarize my thoughts here.

The potential for increased accessibility, convenience, and desirability that comes with future development can make these areas more attractive to homebuyers and investors, leading to a surge in demand and subsequently, a rise in property values.

However, if the home sells for much less than assessed value good luck getting it lowered.In fact we had one triple in assessed value due to the higher sale price & subsequent 'permit' identified rehab. 

(If you were really forgiving it, then you’d just tell them not to pay that month, and not raise the rent each/every subsequent month until it was paid back.)Just a thought to help avoid confusion among your tenants.