When you form a partnership, as an LLC, you can differentiate between capital interests and profits interests.

We are looking for a group that we can form a mutually benefiting  relationship where we can work together to achieve our goals.

The question was: if I form a TX Series LLC which is doing business in AZ, and I get sued - will AZ treat it under Texas law (i.e. each Series is a separate entity) or under AZ law (i.e. all combined)? 

Hello,I am wondering what is the best route to take if I am trying to form a partnership between myself, my dad, and my uncle.

I am a HUGE fan of coach houses just did another deal with one and got the pro-forma significantly higher then any other 4 units in area.

I am new to BiggerPockets, but as a Credit Analyst I have the following thoughts: First, if this is a pro forma then you need at least the trailing-12.

@Steven Lebischak, it would be nice to think that your $1400/m tenants would just be happy to pay you more than they'd be paying if they bought a place themselves, forever, but, you should allow around 1 months vacancy each year (rather than the 3% vacancy allowance I see on many of the pro forma "Calc Review Reports").

Purchase the property based on current performance (not pro forma, but actuals) and not on potential performance.  

Also the pro-forma shows rents at $500/month, but Rentometer and other sites put the rent closer to $800/month.2 Questions I was hoping the BP community could help me with:1. 

I would certainly reach out to an Mortgage broker in your area, if you can find a good one they will pull your credit and help you form a plan as to what you will need to be able to qualify.. ie next year you need to net 102k to qualify for x amount and a score of y so you can buy this property.