The market in Racine is much different than Kenosha and we have been having a hard time getting quality tenant applicants.

The weather can certainly suck in the winter but it's no different than most of the country.I have been saying I would move out of NY for years but it is home. 

However, we differ structurally: they operate as a fund, while we focus on deal-by-deal syndications.

Whether it’s sprucing up a property with a few renovations or doing a full-scale flip, a good contractor can make all the difference.

I have done a lot of these for my own portfolio, but am wondering if the tax implications are different if we do a cash out refinance for this partnership LLC and then have to "distribute" the funds to the members. 

Probably an easy fix that might make a big difference.

What is the difference between the Taxable Value and the SEV value? 

The collateral makes a difference.2. 

No deal is perfect, and anyone on these forums will have different investment objectives as you, but you will typically get some things to at least think about before moving forward.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.