Setup a website Wordpress.com is free to advertise your rentals- generates interest. 17.

Whatever happens with these K1s on the individual tax returns of the partners is a different story.

Got in around $200K and should be able to generate a little positive cash flow with more emphasis on long-term appreciation given terrific schools, commercial/highway development, and companies moving HQ's more north (e.g.

It is not income, it is not generating any returns and it has no real value. 

Credit card (or debit) for a self generating paper trail.

@Shiloh Lewis You may want to give name generators a try.

We estimated that it would take about 4 months, more or less, to finish and sell, and that would generate $250k in profit for me, more or less.

Always place the health of your business ahead of the individual.

He's the brains, lead generator, agent, and property manager of the operation (I trust him completely, he's a rock star), I'm basically providing the money. 

I copied this from a search on real estate ROE:Return on Equity (ROE) ratio calculates the amount of return generated in a particular year on the total amount of equity invested (or trapped) in a property.The amount invested (or denominator) is calculated as the initial investment (down payment) plus the entire increase in net property’s appreciation and the entire decrease in outstanding loan balance incurred prior to the year the ratio is being calculated.Cash-on-Cash Return is a similar calculation, but since the two draw backs of the traditional Cash-on-Cash Return are that property appreciation and principal debt payments are not factored into the formula, Return on Equity adds these two components to the traditional Cash-on-Cash Return calculation.A property’s net equity increase is calculated by determining what the “Net Sale Proceeds after Taxes” would be at the beginning of a year, and then again at the end of the year.