The North Carolina Attorney General sent this letter due to not having the licensing and bonding information on file, for which I3 solutions subsequently provided, which is why no legal action was taken at all.

Although it's possible for one sysadmin to do every job during a large-scale deployment, the tasks are usually divided between several team members, and sometimes some of the work (or subsequent maintenance) is outsourced.

@Luke GrieshopFirst position is the first note and mortgage lein recorded against a property.Second Position is any subsequent note and mortgage lien recorded against a property that already has a first.Basically First and Second indicates superiority of the lien and who has first dibs when it comes to foreclosure. 

Subsequently, it can effect your utilization rate.For example, I had a commercial line of credit, that had not been reported to my credit reports.

High or low, it results in subsequent educating and it's you who's left having to correct it to your potential candidates.

I know that the extra set of () will allow you to use non-contiguous cells in the calculation and excel will see everything inside as a range of cells for the calculation.If all the above is correct, my thought is that I should be adding the sale proceed to the final year cash flow from operating the property (E1+E3) and then using the result to calculate IRR.If I try something like this is get an error: =IRR((A1:E1+E3))With the first forumla above, my concern is that it is interpreting cell E3 as separate cash flow from a subsequent period, rather than occurring in the same period as the final operating cash flow.

The Operating Agreement must contain language sufficient to address IRA-related issues concerning Prohibited Transactions (26 USC 4975), The Plan Asset Rules, the allowance of subsequent or additional Capital Contributions and Unrelated Business Income Tax (including language that ensures that the Manager of the LLC will prepare and file all necessary tax forms with the appropriate taxing authorities, Federal, State and local).

It's surprising how much working with good industry-professionals can help build forward momentum for subsequent deals. 

I usually recommend my clients use me for the first one, explain the process, help make decisions. if they want to file subsequent LLCs themselves, they are free to do so.

Once the place is rented my plan was to use rental income as well as my income to pay off the loan quickly and purchase another rental property compounding payments on each subsequent property.