If you wish to pursue this, it would be prudent to confirm that the administrator will treat it as a "loan offset" (rather than a deemed distribution).

Its a bit of administrative work, but caps my cost. 

This entire process is so cumbersome that many of my clients are now moving towards a better vetting process of prospective tenants and rather than take a security deposit, they are taking a non-refundable 1/2 months rent in the form of an administrative fee. 

Our 1031 administrator was awesome!

They may charge more for escrow administration as there are 5 properties, there can be one deed of trust, the same to each property but there will be 5 separate warranty deeds filed.

can a BP administration delete this post due to a autocorect spelling error.....

So far I've applied to Thompson Rivers University in Kamloops for the bachelor of business Administration with the intent of majoring in Finance.

You would decide how much/many assets to hold in the LLC based on your tolerance of risk versus administrative hassle.  

There are judicial council forms used in conjunction with the Purchase Agreements depending on whether Full, limited or special administration powers.

Cost Assumptions Purchase Price $175,000 Land Value (25%) $43,750 Building Value (75%) $131,250 Improvements $0 Closing Costs $0 Total Cost $175,000 Annual Revenue Increase 2% Annual Operating Expense Increase 2% Monthly Revenues Rental Income 860 Vacancy/Loss Rate 13.0% Vacancy/Loss Value (112) Gross Income 748 Expenses Property Taxes Annual 1,016 Insurance Annual 1,200 Maintenance & Repairs Annual 900 Utilities Annual 0 Advertising Annual 0 Administrative Annual 150 Variable Cost PM (% Income) 12% Fixed Cost PM Annual 0 Other 1 Annual 0 Other 2 Monthly 0 Total Expenses Expenses as % of Gross Income Net Operating Income (NOI) Cash Flow NOI (Cash Available) 386 Mortgage 685 Total Cash Flow (298) This is what it would be from a LENDER...