Remember that they are in business to help you make impulse decisions by bidding up higher then you should.

Unfortunately my situation changed, job/family health etc. that put off some of those decisions.

It is sometimes 1 vote more than 50% or more, depending on the decision being made.Who are the other board members? 

They charge me 10%, but other than financial decisions over 250.00 they do everything including getting the units rent ready when a tenant moved out, placing a new tenant, collecting rents, taking care of maintenance etc.If you don't have a property management company yet, I think you have to have one to own properties at a distance...- mac

These are more personal decisions and not business ones.

There appears to be many factors to research in detail before moving forward with a decision.  

Compare IRR against the risk for each scenario and your goals and make an informed decision based on that analysis.

Chris Mason, the primary adviser for a client's decision to put all their assets into an LLC is their attorney, not their CPA, and if my client, based on recommendations from his or her attorney, decides to structure his or her business in a certain way, I'm going to prepare their tax returns consistently with the tax code and in such a way that reflects the legal reality of their situation, not what a lender or any other service provider wants me to do.That being said, I think it would be wise for attorneys to understand the tax as well as lending ramifications of structuring a client's business in a certain way and should definitely connect with their client's CPA and lender before making recommendations.

It is just one part of the decision making process and one that will help somewhat in comparing one investment against another.Using leverage is one of the best ways to create wealth and the key to doing it successfully is to learn how to manage risk.

Unfortunately we were planning on doing all of this in July but his current contract is up in mid-April 2017 and we haven't made any decisions whether he will re-enlist, extend, or separate.