However, once I transitioned into single-family homes, I realized that the cash flow difference wasn’t as significant, but the management became simpler.

Completing AP requires the other party to file a suit in court during which the judge determines that the case has merits, and ultimately transfers the property to the filer.

To simplify the scenario I'm envisioning let me put it this way: what does a BRRRR look like when one of the parties contributing to the down payment and rehab costs ultimately ends up being the renter as well?

So ultimately this may require a discussion with counsel, and you may have to settle on splitting the cost.

Does the bank just realize since I own the LLC that has a 51% interest in the new LLC that it naturally flows down to me? 

Ultimately it is either a long process to get a check/fix, or they deny the claim.    

You do realize how you got the house right?

Ultimately, it's all about the right balance—staging should always be tailored to the home and the market it’s in, which is where working with a knowledgeable agent really makes a difference.Would love to hear your thoughts as well!

@Matthew Brown, I am not in this investment, but I would love to hear what drew you to it in the first place: how you heard of Fairway America, why you ultimately chose to invest with them and in this project?

Outside of real estate, I’m a huge sports fan, so you can usually find me glued to almost every game on the weekends.My interest in real estate began as I explored different ways to generate passive income, which ultimately led me to the BiggerPockets community.