It all sounds good it really comes down to the attorney you have to structure it in a way that allows for greatest flexibility in case you know what hits the fans.I had that happen a few years ago in an equity deal and we had the other partner buy us out of the deal because it was taking a lot longer than they anticipated.

For closing costs, some amortize with the building (27.5 years) and some with the loan (for my typical RE loan that'd be 5 years straight-line, but ofc if you refi early than it pulls in). 

Looking to by one or two LTR props prior to year-end. 

My tenant lived in my rental unit for 4 years.

We talked about this: AirBNB's Fall Report, How one UK STR has a 2-year waitlist, and more in this week's edition of BiggerStays, the weekly BiggerPockets short-term rental newsletter.

the inspection was easy but indicated I needed to add screws to the condenser to attach to platform (seems reasonable and no idea why contractor did not do it, he also trusted me to do it as no reinspection and all signed off), but more than a year to get the permit opened. 

Have owned many years and always wanted to add a second line but the cost.Would you EVER consider spending $17,800 to save $2493 per year in water cost? 

Please recommend a SAFE way to invest cash ( ~20k) for a short period of time, about 6 months. 

I can only speak for myself but have been building (specs) in Chattanooga for about ten years now.  

I had a similar idea last year and discussed it with a RE attorney in Texas.