What if I'm the operator of the Fund?

We own and operate a mid size REI and property management company in Marquette Co. (~300 units or so). 

In fact, there may be other home service opportunities with quicker growth potential worth considering.Additionally, be aware that in Texas you’ll need a broker’s license, not just a real estate license, to operate a property management business.

I may be 19 but that does not have any factor in how I efficiently operate my business, as you can see.

My point is even some experienced operators doing more extensive/sophisticated value adds are struggling in this market. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

A clear operating agreement from the start is key to keeping on the same page. 

It just might be a different strategy involved.Cash flows through refinance or sale or operating cash flow is the same in my book.  

And we were operating at scale, so we had the luxury of riding a float for such.

Detroit is appreciating rapidly, due to many factors, and it still cash flows or at least allows you to operate near break even.