Do you know where i can find a pro forma like that for managing multiple single family homes?

I have multiple sources for non-traditional financing in Buffalo.

If there are multiple members, then by default the LLC will be treated as a partnership, unless you elect to be treated as an S-Corp, or C-Corp.

As an out of state investor wanting someone with skin in the game to care about the property, some kind of partnership comes to mind.Know a young guy, who is the son of a friend, who is buying property in a southern area that is conducive to cash flow.Understanding how one person that carries all the burden could feel like they are getting the short end of the deal, I wonder what kind of arrangement would be fair where one lives in the area, finds property and keeps track of it, while the other investor is out of town too busy to be involved.I have more capital and credit than does my young friend so my contribution would lean more towards the capital side but that makes the partnership lopsided.

I was apprehensive renting to a family with multiple kids also, but they qualified very well and were the first to look at the unit and said they wanted it on their initial walk-thru.

What is the benefit of having multiple bids at the same rate?

If they are stock sizes, it might be more cost effective in the long term to replace completetly; but that depends on how the windows tie into your existing building skin.

When you can buy multiple units in a small condo, say 7 out of 10, then you can control the board of directors, and none of these problem exist, because every thing is now up to you.

They can also order a new appraisal sooner than 6 months.If its just a BPO with a conventional loan then the bank does do multiple of these and don't have to wait the 6 months like for a VA appraisal.

I have Designed, Built, and sold multiple houses since starting in 2007, and have gotten bit in a big way by the Real Estate Bug.