Then if you want another degree of separation, you can then create a side traditional operating company that owns no assets but does all your contracting for you.

Your intention would be from the communication that you had when you bought the property, or your communication with your contractor, or documented in your overall business plan or LLC operating agreements and stuff. 

For instance, a 5 cap simply means that if you purchase an apartment building with no financing involved at all, the building will produce a 5% return after your operating expenses.

(Even discussing a home for sale that you don't already own is a license-required activity in MA)Remember that we operate on 100% commission. 

@Terrell Garrenthanks for the links to these resource sites. what a load of great info.

I deal with this issue by creating an operating agreement under which the LLC can function.

There are loads of webinars and I am wondering if there is a way to tell if you have previously viewed or attended a webinar? 

How does everyone have their Operating funds held?

I just finished my first full year operating, and I did well, I have more money in the bank than ever before but I also look like I made a lot less. 

Nate, Thank you for the input, I'm having a terrible time with the BP app . out Will not let me load hardly Any info to my profile.