Scanbot or Scanner Pro (still haven't decided which one I like more) - for converting photos of bills/receipts into PDF/smaller and B&W image files (integrates with Evernote as well).Evernote - for keeping track of documents and organizing them (I digitalize every paper I may need in the future).1Password - for keeping my passwords secure and easily accessible at the same time.Outlook as replacement of email client (like it better than Apple Mail or Google Gmail email apps).The Property - for creating rent invoices, keeping track of rent payments and expenses.Calcbot - replacement of default Calculator app.Sunrise - replacement of default Calendar app.// iPhone user since 2007

As our east-Austin-based development organization ramps up we are taking in additional cash from partners.

As to SEC attorneys, I doubt you'll find one who will say that your operation avoids SEC regulations and provide a guarantee of that, since they are pretty broad in what might constitute a security, that will be determined by the regulators not one attorney.You'll also find that a broker or investors who have problems in a deal will put any straw man in a bind quickly if they can not cure the problem quickly.

Banks that operate in a few counties... if you have cash to offer, they will listen.

You can specify the terms of the LLC in the operating agreement.

Hey Donna - I assume you belong to different REIA organizations there in San Diego and hopefully you belong to the largest REIA in that area.

There are plenty of auto mechanics who operate their garages under an LLC or corporation.

4) Do LP's typically receive a preferred return on sales proceeds or only on operational cash flow?

My real estate experience is in owning and operating a mobile home park, but this seems like a small deal that we could handle.

That person being YOU.I may not handle the operation side of my properties forever, but since it is my business, I at least want to know how to do each aspect of it competently.