@Kevin Bass for a low stress level and safe plan I would suggest the following.1.

So far, the partners value is money, and a certain level of trust, as I have known both people a long time. 

Depending on the uptick in rent to market levels, maybe offer him small volume discount to keep him below market if they keep all the homes there.  

I have learned a tremendous amount by attending events when I can, learning and gaining confidence from people that are playing the game at a level I can aspire to.

This site is so helpful for all levels of investors.

Hey all, I have a very high level tax strategy question / hypothetical as a sole proprietor LLC.

Does that mean depreciation continues at the same level?  

Hopefully I can snag a multiple family fixer upper  under 1M. 

I try to keep so fixed and some variable rates, vary my maturities to only have a certain percentage mature each year and make sure to keep my overall debt levels to a certain percentage of my overall portfolio value.

Both of them have limitation and one might be better or applicable for you depended on your income level and future usage of the SUV.