It's total income for the year minus ALL expenses and hold backs.Of course you want to make sure you make enough in occupied months to cover vacant months.  

I look to double or triple my holdings in either location.

A few questions I have top of mind: Does it cost anything to hold an LLC in the state of Colorado?

I’m a Buy And Hold type of guy but the sale is calling me after running the numbers.

Yates A good lease agreement that includes a hold harmless clause should be sufficient.

The offer has been accepted and now I am wondering if that is appropriate verbiage for holding title in the solo 401k.

And not repeatable in the exact same steps like a step 1 to 3 recipie. 

If they want to develop the property they can just hire a builder no need to partner.YUP and like I said when you take in very low basis and then turn it into inventory most of the time a sale is the far better thing to dounless they are going to build and hold. 

Also as far as business structure should I put the business in a holding company?

Investment Info:Single-family residence buy & hold investment.