Foremost will allow you to have up to 5 property damage claims and 1 liability claim within a 3 year period.

Hello,I recently submitted an LOI on a low income housing multifamily property which has tax credit obligations through 2017 - the end of the 15 year period.

The seller gets a guaranteed income during your improvement period and a guaranteed sale price at the end.

Use your pooled money for down payments and the like, if you have to, but use the bulk of the investors funds to purchase and rehad the homeMake your friends have non-voting rights in the LLC and say that they can't touches their money for X period. 

Should breakeven period be taken into consideration? 

Like do you have to have it in savings for a certain period of time?

The current rents are below market value and I plan on raising rents up to market value to add equity to the property while it is under my lease option period (similar strategy to a master lease option...).

If alarms are battery-powered, there must be documented records of periodic maintenance.

If you believe that then you would need to add clauses that also require laundry to be done within X time period, garbage bags to be swapped out every X time period, etc.

Do we set a % for the Broker for a set period of time?