I had to look up what "variance analysis" meant.If I understand the question correctly, you're asking "What went wrong to not hit our 20% target?"

That likely means that they are not good with money management which you are likely expecting from him.To answer your question, if you are doing long-term rentals, the LLC taxed as a partnership is likely the go to route.Best of luck.  

Here to help with nay questions you have on starting out. 

Any questions you have throughout the process.

The founder appears to have been involved in businesses outside of real estate: ‘My dream is a locally made grooming products business’ | People | nashvillepost.comSo it does not appear there is a lot of track record there, but those are questions I would ask.

Feel free to reach out if you have any questions! 

Here are some of the more longstanding discussions that may help to answer your questions.

Software is a common question on BiggerPockets.

To answer your question, yes you can build a duplex, triplex or even a quad plex with the VA construction loan. 

I don't hear a goal in your question, so I assume you just want a better return, which means you should look for new investment properties that will perform better, then you can do a 1031 exchange to move your equity.4.