After all expenses including mortgage, insurance, water, property management, cap ex, turn over, everything, I'm making $2,000/month which is 15-16% cash on cash return.

However, this just makes my decisions even harder because I cannot get a good grasp on what my goals should be prior to purchasing.I can see how including many investors into the equation can make it difficult, but what if we simplified the scenario by just using 2 investors, me and a friend.  

And this year 2016 is my best year as far as my salary goes, including tons of OT. 

I used mostly credit cards and borrowed money for the purchase down payment and rehab cost, and now that we're finishing up I'm doing numbers on payback and the next property.I want to keep up momentum and start the next project soon, but by my count, it will take me somewhere around 5-6 months to pay off all the debts I incurred in the process of purchasing and rehabbing the house (not including the mortgage). 

I am including the few days to even get the transfer started & then its 3 weeks or so after signing the LSA/PSA, wiring funds, etc. 

RBC - and perhaps briefly TD - are/were the only two of the Big 5 who were underwriting 5 & 6 unit properties as residential as opposed to commercial.Additionally, RBC will lend to the point where you have five mortgages (including your personal residence), so use them early in your property acquisition plan and strategically if you find a 5 or 6 unit worth acquiring.

Take advantage of everything including the webinars every Wednesday night at 7. 

Talk to him about your thoughts including the fact that you are not trying to step all over him.

My broker sent me a really good deal that includes a few houses, a quadplex and 1 office building.

If I set up a series LLC with my wife do I have to include the equity partners as part of that LLC or can I just have a joint venture agreement set up for each property.