Any ol' programmer or business kid used to be able to form a start up and get it funded and use this is afford expensive housing and hire those who can.

In regard to common expenses of a rental, these are negotiable between the Tenant and Landlord, whether written on a napkin like in the old days or by using a more formal legal looking form, as long as there is a meeting of the minds and the document is fully executed without duress, you have a bonafide contract.

Kyle,Your contribution to the LLC is simply an increase in your shares of the LLC.It is a contribution and in no way shape or form a loan unless you decide to loan the money.

I don't see anty reason for a LA to lie about most of the questions here with exception to the BPO price and the discount to ask that a lender might take.I think the questions are good and reasonable to ask (well at least most of them) and IF you can form a good relationship with the list agent, you may very well get the BPO price they submitted, I have many times.

Form a meetup.

In regard to the discount rate for a DCF pro forma, understand that the purpose of the IRR calculation is to find the exact discount rate that would make the present value of the future cash flows equal to what you paid for them.

If you use a water based acrylic caulk it cleans with water so you can form a beautiful bead with nothing but a wet sponge.

Concurrent to that, I'm working to build a team of my own on the ground in the same markets they operate in (realtors, property managers, inspectors, etc) to see if I can match or beat the pro formas that I've received.

Unless you are either fully equipped to handle these tasks or are able to form a team between now and then I would highly recommend Hiring the Management out.

The minors guardian who holds legal rights for the minor is who you will have to deal with  to form a binding contract.