@Einat MenasheThe matrix below may help with terminology and comparison/contrast across the various property types, the information is general in nature and there are of course exceptions:So based on the matrix above, your question:Is it correct that the ARV for small multi-families is based on your NOI and Cap Rate?

Natures Miracle

Thank you, very helpful information, have been routinely excluding properties with HOAs in my deal search just because the major cash flow hit, but will incorporate this advice and maybe start looking at some properties with HOAs as long as numbers work out and HOA governance/regulations are favorable

@Jordan MoorheadAs a Minnesota (temporarily a Wisconsinite) I've subscribed to the cabin religion my whole life and my near-retirement parents are trying to understand how to afford their own to retire with (religion makes us do crazy things ;)As near as I've been able to good naturedly guess, the cabin love is what you get when you mix the seemingly universal desire to travel with the home-body reserved demeanor of Midwesterners.

By Chance, although there is an S-corp structure of Articles of Incorporation, bylaws, share designation to my brother and I, would the S-Corp structure have any bearing on the land being sold since the land is not part of the S-corp?

I am planning on incorporating a house rules addendum to the lease.

I think the nature of my question is more from the lending side.

Many will say their eventual commission is their incentive and this is simply the nature of their work, but something like a gas card would help let them know you appreciate their hard work and should be pretty universally accepted as opposed to trying to guess what restaurants they might like/stores they might shop at.

If you find a good Multifamily deal Sponsor who understands how to incorporate the 1031 party, you can see exponential growth out of those funds!  

BUT, i have been the victim of two arson attacks at two different residences(stemmed from my confrontational nature, even though I was morally in the right), I have several friends/acquaintances that have been murdered by opposing gangs of their friends or relatives, even though they themselves were not gangsters.