@Bryce BoyerAnother vote for the green tea.

Also, if you like our response, please don’t be shy about giving us a vote😊

Does it go up to a vote? 

Sometimes, these projects are presented to the board for a voting decision (depending on how small the bank is).

Each with one vote (to avoid deadlock)Partner roles:  I do all of the work and both other partners are totally passiveUpfront capital:  5% from me, 95% split between the other two partners (47.5% each)Treated as a loan at 0% interest with no fixed payment scheduleCapital goes to:Purchase priceRenovations + bufferClosing costs1 year of CapEx reservesOwnership:  Each partner owns 1/3 of the LLC and propertyLoan payback:  50% of monthly net operating income goes to pay off the loan pro-rata based on invested capital %, 50% goes to cashflowCashflow:  Even 1/3s (after expenses and CapEx reserves)Upon sale or refinance:  Loan paid off first based on % invested capital.

HIs posts are alwys wise.PPS: He has more votes than posts. 

That would like saying tenants must vote for a specific political party.The idea just makes no sense on its face. 

They set the Rate of Tax depending upon how much they want to / need to spend based on the budgets for the various agencies they support, and what they the public will support without voting them out of office.

@Eric Oszczypala, let me address the problem with bringing in used homes, it often costs way more to transport and set up than to just rehab what you already have and with the issues of affordable housing you could remodel a 40 year old home and still make great money selling or renting, good luck with whatever you do with the home I vote just rehab what you have 

It just means you need to truly make it your primary residence (change your license, get your bills there, file taxes that way, get the homeowner's exemption, change voting, etc).