Hey @Levi Chuculate, Taking ownership draws from a fund have less to do with taxes (unless you would like to discuss the tax implications of receiving that income) and more to do with your operating agreement and bylaws.

where and how much did you pay ? 

When using the seller concessions, there is no impact to your rates and the seller pays for your closing costs. 

I will hire out a lawn service for mowing  ,but how do I go about  paying the water bill, not able to figure this out .

Annual property tax $451.

This is going to keep bringing in more good paying jobs to this area, and will bring more renters who want to live close to downtown and are willing to pay higher rents.  

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

You will certainly pay a premium for turnkey, but if your long-term goals are appreciation and stable yet modest growth, it is certainly advisable.

We translate all of the PM software data into their QBO(s) each month to show complete financials (property-specific & non-property specific transactions all in 1 software).The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

His rehab costs were less than what I Typically pay to paint the interior of one of my rehabs.