From personal experience, private lenders usually will not partner with someone who is new.if they do, usually they will handle the renovation and split the deal, based on what your contribution is.

So this post is to be mainly geared toward to help set expectations for out-of-state investors, and I'm hoping for some solid contributions from people who are actively (or recently) involved in successful acquisition/disposition of smaller MF in the Charlotte MSA (broker, owner, lender.. etc). 

They are not as scary as some make them out to be, you just want to be certain that you can regularly contribute to the principal of the HELOC/home equity loan (on top of your monthly interest only payments), so you can pay the balance off within a reasonable amount of time. 

They should call more things loopholes... like the 401k loophole or the charitable donation loophole.Make us accountants sound like 007.

A few of the principles I've learned over the years that have contributed to this set up:1.

You can get gift funds from close relatives and also negotiate a seller contribution towards closing costs. 

Two contributing factors are high construction costs and regulations that make obtaining a construction permit difficult.California already has a large housing shortage.

We currently own one door (split acquisition and closing costs and contribute equally to management and ownership), and have split equity and cash flows from the property - also pretty standard in my experience.My question is this - I want to purchase a house hack and would like to use our current business entity for accounting purposes (tracking income / expenses / etc).

." - This resonated so much with me so thank you for the experienced contribution to this thread. 

This tepid job growth may be contributing to the soft demand for retail space.Market OutlookThe forecast for the Los Angeles retail market is cautiously optimistic:• Asking rents are projected to grow by 1.3% in 2024, accelerating to 1.7% in 2025 and 2.0% annually from 2026-2028.• Vacancy rates are expected to gradually decline, reaching 7.2% by 2028.• New construction is likely to remain limited, with inventory growth forecast at 0.5% in 2024, declining to 0.2-0.4% annually through 2028.However, downside risks remain.