Sponsor doesn't actually disclose the fees in their Investor pkg but make you dig it up in the PPM. not very transparent. 

What I will do is give you an illustrative story, and maybe you can bring your knowledge up a little.Big Apartments LLC - a manager managed LLC with two members.Member #1 is You (Patrick), the Manager (and also a Member), you have put $500 into the LLC and own 50 Membership Units (a 50% owner).Member #2 is your brother in-law (lets call him Richard Smith) he is not the manager (although he could be a co-manager but is not because that's the way you two want it).Richard has also put $500 into the LLC and own 50 Membership Units (a 50% owner).You two guys are 50/50 owners of Big Apartments LLC, evidenced by your Membership Certificates (which look a little like old fashioned stock certificates but are not stock shares).The company has $1,000 in the kitty and since Richard won at Poker last night he's flush with cash, $1,000.You and Richard agree that he can lend the LLC $1,000 (that's in addition to his already put in $500).Since this is only a loan it does not effect his ownership percentage of the company.

I'm looking for advice on a Smart Lock/Digital Key for our Long Term Rental in College Station.  

There's many parts of town that are seeing double digit appraisals year over year. 

Pete market has experienced significant appreciation, with some areas seeing double-digit annual growth.

My MTR is suited for travel medical professionals and digital nomads so I market it only on Furnished Finder.

Student rental seems to have maintained through covid outside of when many schools went digital and students looked to break leases.The lower end rent for us has been consistently paid. 4 tenants, all on disability, all paid through pandemic. 

Milwaukee has not been shooting up and then crashing down (like Boise), it has been very linear and only single digit appreciation over the last years.

For digital searches, I like BiggerPockets, MLS (residential + income) and LoopNet (commercial).

My home state prices are high currently so I am looking at long distance options and have been looking into Cleveland based on home prices and decent rents.Thank you Pros, double digit net caps based on cash purchases Typically 15- 20% .