LLC or other entity).The main determining factor of whether it's going to show up on your credit report is who the lender is.

It's just not how the financial world looks at investments...CAP is a component of "commercial" residential multifamily...5+ units. 1-4 unit properties are often classified as single family (This is how Core Logic classifies 1-4 units)...The properties are valued by comparable sales method.

It also depends on your other activities, do you do many flips or developments, or your portfolio is mainly buy on holds?

I think my main goal at this point is not squandering a good opportunity (if one exists outside of keeping our properties). 

My main question is how to do the bookkeeping for this property?

They finished the remaining 2% of the work mainly by just painting the exterior and fixing the pool.

My grandfather has been a stockbroker for most of his adult life and semi-retired to a part time broker in his home office, living mainly on his own stock portfolio at 37 years old (1964). 

I have bought several properties over last 2 years and I have paused now mainly because of steep climb in interest rates.

There are many reasons we are choosing Indy, but it's mainly just because it comes up a lot as a hot market right now and seems 'good enough' to get started with.

I copied this from a search on real estate ROE:Return on Equity (ROE) ratio calculates the amount of return generated in a particular year on the total amount of equity invested (or trapped) in a property.The amount invested (or denominator) is calculated as the initial investment (down payment) plus the entire increase in net property’s appreciation and the entire decrease in outstanding loan balance incurred prior to the year the ratio is being calculated.Cash-on-Cash Return is a similar calculation, but since the two draw backs of the traditional Cash-on-Cash Return are that property appreciation and principal debt payments are not factored into the formula, Return on Equity adds these two components to the traditional Cash-on-Cash Return calculation.A property’s net equity increase is calculated by determining what the “Net Sale Proceeds after Taxes” would be at the beginning of a year, and then again at the end of the year.