We never take ownership of any of the properties, we don't rehab them, etc.  

This includes title being held in LLC with 20%+ ownership, I believe, but check with your lender and maybe some other lenders as well.

Also during a crisis, people make even bigger irrational decisions, so this is when people are giving away homes/buildings for little to nothing down, if you'll just take over their ownership and make their payments, and make their problem go away.

I don't care what deal you are buying, there is going to be something during ownership that could not have been accounted for during the acquisition period, and the operators have to adjust to account for that.

@John BrennanGlad to hear that you're going to be joining the ranks of Self Storage ownership!

We'd still keep the ownership rates the same point-forward after this chunk (49% me, 51% him - is there anything I need to be worried about there?

I need some advice on how to or wether or not one would suggest to update the outdated electrical.My fire impression is to update electrical as I have pride in ownership and want the future SFH rental to be nice.

I would then only relinquish my partial ownership when the property sells and are repaid for my efforts.

Moving  a property to an LLC is no different than a sale since the entity is a separate legal "person" so there is no piercing the corporate veil by transferring ownership.

@Paul JumpMy niche is multifamily syndications, and the data we look for in a deal is:- Market Performance: Rent Growth, Market Vacancy, Long-Term Vacancy Average, Adverse Cycle Occupancy Bottom, Median Income, Employment Pool, Rent to Cost of Ownership, Income to Housing Cost Ratio, Market Rankings, Construction/Absorption Ratio, Pricing, Cap Rates, Trends in Capital Market, Etc. - Forecasted Market Performance of the Same- Property Specific Performance: Asking Rents, Actual Rents, Vacancy, New Lease Trade-Outs, Average Vacant Days, Lease Terms, Retention Rates, Renewal Trade-Outs, Sales Record, Renovations Completed, Market Comparable Amenities based on Class of Asset, Revenue, Rent Roll, Trailing 12 Months of Operating Expenses, Property Taxes, Property Insurance, Market Trends of Specific Floor Plans, Etc.