Have a pro forma budget that shows the capital you will put in, and the resulting financials of the building that you're expecting.

All of this is to say, Ive been investing time and resources into my financial IQ as “Rich Dad” would put it and found BP.

Your client is financially incentivized to minimize your slice of the deal so that he can maximize his own.

Hi Bob,When purchasing apartments/multifamily, there are 10 main reports you want to obtain during the due diligence phase (between contract and close):Financial document auditInternal property condition assessmentMarket surveyLease auditUnit walk reportSite surveyProperty condition assessmentenvironmental site assessmentAppraisalGreen reportMuch more involved than due diligence on a SFR.

Not necessarily financially, but deals are tough to come by these days.

Yet, no solid "financial" results.

I would participate in the project without financial part - providing help and doing different tasks just to watch the process and learn.

I don't set this money aside like I do for Capex, but I do budget for it when I'm calculating the financials on a property.  

A great many of those people simply have not recovered financially and never will.

Between the annual reports and filing fees, and also the overhead necessary to maintain separation of assets so the corporate veil isn't pierced, the cost-benefit just might not be there.Might make the most financial sense (and most streamlined) to run her as a sole proprietor (Sch C) and carry appropriate and adequate insurance, which you should be doing anyway with an LLC.