No criminal or eviction record.

You just need to supply them with a scope of work that outlines what you will be doing to the property.

Comparing two deals - with almost same price point #1. no rent increases but Percentage rent lease - There is a base rent ( ~65% of NOI)  and the rest is percentage of their gross sales in last 12 months#2. 10% rent increase every 5 yearsAs a newbie option #2 seems preferable /safer to me, and #1 may be slightly riskier.

Has anyone used HomeTap for funding leverage given that there's no monthly payment for the duration of the term?

I'd work that with them to get a lower than market interest rate as well so that you can cash flow higher.Also, sober living is more risky of a business.

I’ve been using a properly management software Hemlane for couple years with no major issues.

Happy to have a further conversation as I work extensively with non-US citizens. 

In 2018, after four years of no reports and membership payments, Vantage IRA sent him a 1099 notice saying that they had distributed the full amount last reported in 2014.Additionally, my friend filed a chapter 11 bankruptcy July of 2014, shortly before his arrest.With this being said, my friend never received the disbursement, Vantage IRA is still the member of the 7 LLC's contained within the account, and the LLC's were never closed.

It needed to be at least cash flow neutral to meet our "buy" requirements.One year later our thesis is working.

I am definitely the one doing the work on the LLC as well as the tax complications being lower with a single member versus the spousal partnership.