In the end, the individual neighborhood will determine potential rental income.

If they were separately metered, each tenant would pay the $116.50 base fees and their individual use, which would be 3x higher than what they pay when sharing a meter.There are a lot of options out there, but don't make it more complicated than it needs to be.

@Corey FarnsworthIf the LLC is a single member LLC, it will be reported directly on your individual tax return.They would look at your individual tax return.If the LLC is a multi-member LLC, the income gets reported on schedule E. 

.#11- Check to see if your Private Money Lender or group of individuals are actually Accredited Investors per the federal government criteria.

How did you come up with your multifamily criteria please explain your thought process behind choosing that criteria: I know this is going vary between individual. 

Individuals who use ESAs are provided certain accommodations under federal law in the areas of housing and air travel.

Can you sell units individually where you would get higher price per unit?

Keep in mind though this is my thoughts, your contract is something you agreed to when you hired them so if they say you owe you do but no harm in asking them to waive it.  

I'm looking forward to connecting with like-minded individuals through this group and learning from the ones that have come before me.

I am looking forward to meeting you and other individuals