Check your wording, but it should say that they are both responsible (even if one leaves).  

Preferred equity, though also exposed, offers less upside compared to common equity.Sadly, even if we were in different market times (not down 30% off the highs of 2021) and your particular project was doing well.

In this case, your rate would stay the same even if market rates dropped.

Hey I'm located just under an hour south of Sac but I currently have a few listings in the area, full disclosure I'm not a lender, but from what I understand you could still qualify for 3-4 units even with Interest rates at high 6's - low 7's.

If you sell or leverage your 2 properties and use the $100k you have you to buy rentals you will not even come close to making as much in cashflow as you make with your current career.

I'm leaning towards the Authorized, even though it's a bit more money.

Unless you choose to have the LLC taxed as a corporation, the income and deductions (including depreciation) flow through to the LLC's owner(s).Second, you can invest the inherited IRA as a self-directed IRA, even though you are not the decedent's spouse.

Even with only $1000 in rent I’m still over a 1 to 1 ratio (was not taking out a lot of equity) but under a 1.25 ratio.

Everything your want to know is online, but, if you needed $100,000 or more to pay for Down Payment and all the Closing Costs for a Home, would you really want to even start?

So your take away is to not be hesitant and to just go for it even if the deal may not pencil out?