Typically the LP's get between 60-90% of the profits and often a 5-8% preferred return (meaning they get 5-8% return before you get paid your split).

Hello BP,I have a property that I would like to purchase as a second home in Houston with hopefully 10% down max.  Does anyone have any recommendations of lenders on the northside of Houston that are used to providing...

The tenants are not so great about keeping on top of the mowing.Bonus question: What color paint (preferable behr) do you find your tenants like in the NE/Mid west?

No crystal ball, but we're  just working with the information we have, planning for the worst and hoping for the best:)I too would prefer to hold the property but this is the point of the post.

That is why carpet is preferred in bedrooms.

I prefer south east.

I had to go with my current lender because they are the preferred lender for our builder. 

You can purchase MS Access 2003 on ebay for less than $100.You can't get more simple than this and you don't have to transfer data from a phone app to a desktop because you can run your desktop from a phone, but when I travel I prefer to bring a Samsung tablet with a keyboard and a mouse.

He’d prefer to walk away with a bit of cash because his wife had cancer and they are behind.

Preferably an officer who has been at this for at least 20 years, and is very knowledgable about estate/probate issues, affidavits of heirships, etc.