I would ask them where do they practice in any particular area in town and why? 

If you're familiar with North Dallas - it's near Walnut & Audelia :/Her condo is in need of a full interior renovation, but she doesn't have the money for additional improvements.

To be an LLC, it has to follow best practices and be treated like an LLC.

I think most primary residences feel that way just because there is always something to fix or improve, but especially in a market like San Diego just going to bed at night and waking up the next morning tends to mean property appreciation. 

So it's not practical for any type of portfolio strategy.

I think you've done a great job so far, and being open about what goals are important to you and your wife can help you pick your next steps that improve your quality of life, not add to the stress!

NOI from new lots filled would be mine.Not sure how to deal with any capital improvements, was thinking clause to get reimbursed.At end of option, some portion of lease payments to be applied to down payment.

The purpose of this forum will be to give practical solutions vs pulling the "crash n crush" alarm like a previous thread.

Hi Paisley,Nice to meet you.We are looking for multiple family buildings that have some room for improvement.

A few examples:Example 1:  A $150k BRRRR (My $100k, his $50k) - then I put in another $25k for CAPEX/Improvements, putting my share at about 71% to his 29%.