Is it roughly proportional to square footage or the levels of meth that are present or does it vary wildly case by case?

We can't just grade the lot, we have to dig it down 5', replace the soil in increments, compact it, have soils engineers on the job to test compaction, then keep doing that until it's all done.

I'll try to make this as compact as I can:* we are getting feedback from potential lenders that our home is worth roughly $265K, with similar estimates from tulia, zillow, etc.* We owe $141KGoal - we would like to purchase a new home for roughly $365K, and keep roughly 35K for another investment. 

I liked the Bakersfield for its relatively close location from LA, but the sale prices went up and rents didn't, at least not at the same proportion At the same time it looks that average income in Bakersfield doesn't have much potential to grow thus I am hesitant about investing in this area.

In this situation, you can deduct all normal (prized) real estate expenses in proportion to your debt ratio.

I'd imagine city required at least 90% compaction, and all the sweet expensive items in connecting that 8".

Compact, Stackable, Washer and Dryers

During that same amount of time, you could've invested $5,000 into a software business and scaled it up to $10k monthly recurring revenue or $100k a year in less than 6 months (very hypothetical, but you get the point).Sure, you can get higher cash on cash return percentages for larger size deals, but it still takes so much more time to get a return (since your investment dollar amount also grows in proportion)....I was really interested in learning more about investing in multi family deals, until I came to this realization.

Ned's Rule of GurusThe quality of a real estate investing program in inversely proportional to the price.Some of the best stuff is relatively inexpensive.

Since this is a pass through structure, the tax items will be reported on individual K-1 statements in proportion to how you divide it up.In terms of the cash investment, each of you will have a "capital account" inside the partnership structure.