If I could choose between earning $5,000/month from 10 doors, or from 5 doors, I would pick 5 doors all day long!

We did not fund the last few million of the raise, so we are allowing the final slots to come in at up to 20% APR, fixed annual simple deferred return (deferred means you get all of your interest earnings at the end when we repay your principal – and that happens when we finish building and then sell the apartment complex).This asset is our safest MF asset, in my opinion, BECAUSE the project is backed not just by our equity in the apartments – but by our equity in the entire 54-acre land development.

I'm a CPA and full time real estate investor, have flipped hundreds of properties and own a rental portfolio (both short term and long term).

Home Paid in Full and will become a long-term rental.

Having a separate account to hold security deposits is a good idea.Having another account for business operations is also a good idea.There is zero risk in opening a bank account and it doesn't take that long so you can do it now or do it later.Good luck

Lastly, renting by the room is a nice mix of increased cash flow and long term appreciation.

I am in the midst of rehabbing my first deal (a rented triplex with long term tenants that was owned by a major slumlord). 

While we are at it: I also ask to remove anything about the 6% broker fee if selling to the tenant in the future, no matter how unlikely it may seem or what NAR lawsuits may bring in the future - if you don’t agree with something, ask to change/remove it, in good faith, before entering into the business relationship.

They didn't have to, so that is a credit to them, but even so we are not likely to purchase any more properties from them.

or as long as you have any percentage to be included for the "Funding Fee" to carry?