I have already spoken with my attorney about this and he will draw such a document.

Cell A has a ledger of accounts and caiptal accounts that can provide accounting for the activities in that cell as well as drawing accounts between those members.Another Cell, Cell One, is funded by Lamar the money guy and is owed the amounts with interest from Cell One.

In a few cases, it will be set low and will draw bids.

Would it be in my best interest to bring those to an attorney for reference sake or just allow him/her to draw up new ones?

I won’t say an over-zealous auditor wouldn’t ever draw extreme examples to penalize your plan, but at some point the parallels become absurd and strain credulity (e.g. you’re also increasing US GDP, and personally gain from that at some level as well).

The owner of the basement unit is hoping to pin all of his legal costs on whomever he takes to court.

It was around 250.00 at it's peak when we had around a 60K balance.At some point, the draw period ends, and after that you have to pay back interest and principle.

Not factoring in holding costs and everything.Quick/Not Exact Example:Purchase: $35kRehab: $30kSettlement Costs: $5kTotal Initial Investment $70kARV/appraises = $100kRefi @ 30% LTV to take out My Initial $70kMarket rent = $1400Now, I know I should definitely aim to be cashflowing for sure even AFTER the new debt service is in the equation.But where do you draw the line?

On the flip side, an indemnification agreement needs consideration from the landlord (lower rents claimed to be charged).Here, it's pretty landlord friendly but they do draw the line with light damages being normal wear and tear

There is no substitute for experience and I am hoping to pick as many brains as possible to draw on your experience.