Keep all expenses even remotely associated with the properties organized so that you can sort out what you can deduct at the end of the year. 

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

I’m not sure how to show the profit split and record this transaction.Also would it make sense to organize each partners equity account in the Chart of Accounts in the following matter?

have not done any business with them .. but quick look at their website shows NMLS registration.. so looks like a legit company to me.. find a good MLO to work with in the organization and off you go

Also it is good to know that there are other options out there for flood insurance try a google search for "Lloyds of London Flood Insurance" or "private flood insurance" I suggest you look at the organic searches but basically if your property has not had a flood loss before there are options out there.

So you have a better, more organized streamlined system, that saves you money, and protects your assets.

IMO renters with high FICO scores are more organized and neater from my experience.

My idea was that if I got enough people there, everyone would have someone to chit chat with, and the meet up could kind of just organically grow into whatever the people that come want it to be.

You might also contact a local organization that deals with folks with mobility issues and see what the best solutions might be (sink that is in a vanity that maybe has supports below etc??)

You'll need to let them know this method won't work for you, and you need to completely finish one unit at a time... they won't like it because it's more work organizing and bringing back subs multiple times, but you're the one paying the bills and that's how you want it done.That being said, you'll want your rough-in work finished all at once, which you likely already have done at this point (ie. your roughed-in plumbing and electrical).I wish you the best success with this project!