Should I provide an explanation of how I arrived at the offer # like an itemized breakdown of my costs?

That way it's not an ongoing expense item to repair.

Inevitably, discussions of LLCs (and the constellation of issues related to them) reinforce the need to work with professionals: attorneys and CPAs especially.I also hungrily read the deal analyses because I'm here to learn from the BP sages how to go about building my portfolio when the time comes.The deal analyses don't include a line item for Professional Services.

@Mark LangdonConsider giving them a choice of items that will improve the value of the property.

You have twice the number of big ticket items; roofs, furnaces, etc)InsuranceMgmt Fee - as a %Vacancy- as a %. 8% represents 1 vacant month/unit/year

I ended up having a couple self imposed delays on things like materials, colors, finish items that could have been avoided by better up-front planning.

They would have been an expense-able item for his taxes - so you can see also them if you ask him to verify employment history and income requirements with tax returns.I wouldn't want to take all the money upfront as doing so may well serve to create a de-facto agreement to let him stay no matter what.

With most investment opportunities, there is an Administration Fee, which is to cover costs of filing and listing a deal, handling financial commitments and performing tax and other reporting.The Administration Fee is a line item in the pro forma.

Put something up at the entrance that discourages vehicle use but can be opened for use by emergency vehicles and for the occasional moving in/out of big items such as furniture.Tell the tenants this change is a result of their not being able to work out a more viable solution between themselves.

I visit that area a few times a year and the property was vacant and all the items that were to be completed were not.