If you ever have to dissolve the LLC at that point then allocating the assets of the LLC to each individual member becomes a much easier manner.

In my opinion there isn’t a fair way to allocate heat usage given your current setup.  

@Sunny Burns, yes, your math is correct.However, there may be other reasonable ways of allocating your property tax deductions among the units that may result in you being able to shift more property taxes to Schedule E, which I imagine you'd want to do given @Chiwei C. 

It depends on what is allocated to building.Also, if hes doing this within a fund he invests in.

He has been helping teach me and is willing to take a chance with me...I have allocated 5k for closing costs, with a small buffer for other fees.

I got a call from a local fire adjustment company who is saying they can help me with the claim and can get me more money to make sure I don't have to cut corners when repairing the damage because of limited funds allocated by the insurance company.

So I think it’s about allocating some to stocks some to real estate some to whatever other businesses you want to invest in.

Additionally, ANY agreement of ANY kind that allows credits  to a purchase price of a covered dwelling by allocating ANY part of ANY payment made by the resident is a financing arrangement.

I've allocated 5% for vacancies since they've all been in areas that will not have extended vacancies. 

Allocating 10% each for vacancy, maintenance, Cap-X, and management you should set aside a minimum of $250/month.