I welcome any and all positive experiences and advice and if you're in my neck of the woods, give me a shout. 

The combined value of the three rentals is $1,500,000, with remaining mortgages totaling $290,000 (with 12 years left), leaving me with $1,210,000 in equity.

On exit for the property there is always a split of the equity too, typically what I see is 70/30 or 60/40 on that exit. 

Hey Everyone,
I bought my first 3 Family Home (Multi Family) back in December of 2021 in RI. Took me just about 2 years to finish renovating the 3rd and 2nd floor. I did all the work myself pretty much which is why i...

But overall the worst I can see it being is it needs electrical and plumbing and painting..It would be my first deal so it lets me put my foot in the door so I can then take a home equity loan out of it to get into my next deal with a higher chance to negotiate the price down.Also the population density of Puerto Rico is so high that it seems unlikely I won't be able to find a tenant rather quickly, especially when a majority of the island is under affordable housing..

We’re looking to upsize it and a couple of LTR’s into one property and use the equity for something on Long Island, NY.

The opportunity for positive cash flow after quick repairs.

Currently focused on equity plays locally, and cashflow plays out of the state. 

What are some creative ways of structuring an equity split between the three of us.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.