My goal is to transfer both the deed and the mortgage to an LLC.

•Phase 2 ($1M in 12 months): To fund construction.Right now, our structure is:•8% preferred return•70/30 split (LP/GP) up to 18% IRR•30/70 split (LP/GP) after 18% IRRDuring our webinar, some investors expressed concerns that early investors are taking on more risk and should be compensated more.

It frees up your time.  

Someone contacted me about setting up a Wyoming Trust and said I was ask risk...."

Toronto price to rent ratio will never catch up..

I will address the absolute that he did throw out as they are simply incorrect.

I have looked up the license of the business with the state and they are in good standing with only small violations in the past (fixed in a timely manner).

Those holding cost will certainly add up over time and kill any cash flow.

I have a residential unit that might come up soon.

That said, weigh the cost of renovations against the potential increase in appraisal.