You can take any amount you want out of that profit but realize you will be taxed on anything that hits your personal account. 

[And there is a hit you take to your ranking when you decline but it's worth it to me in the long run.]

Can you imagine the “cash flow investors” who needed that cash flow when COVID hit?

My quarterly cash distributions hit bottom about a year ago and have been on the rise since then. 

It is simply a return threshold that needs to be hit before the GP can share in any profits above that level.  

If these groups are significant, it suggests there’s pent-up demand that could enter the market when one of two things happen:Rates Drop - Rates fall to levels that allow more buyers to qualify for the homes they want.Buyer Expectations Shift - Buyers realize that 5% rates aren’t coming back soon and decide to move forward.Based on the increase in activity I saw in Sept and Oct in my business, when rates hit low 6s, I'd say my market has plenty of pent-up demand. 

You can hit those numbers in most every market in Ohio and Michigan.

Real Estate Market Predictions for 2025Single-Family Homes: Prices will likely remain flat due to homeowners holding onto low-interest-rate loans, causing fewer properties to hit the market.

Most hit all the bullet points excepting:Spending $175 on renovation and adding square footage or unit count does NOT miraculously convert to valuation.

Hit me up I'd love to help.