Thank you Alan.What I hear in your response is that people would need an additional benefit to investing in a ranchland DPP.Much like a co-op or CSA, there should be an in-specie distribution of product; maybe in this case beef?

Of course you want your accountant's buy in @Erika Richards, but in general contributions into an LLC or distributions from an LLC in exchange for membership interest are perfectly fine. 

They were basic $1100-$1200 make readies when tenants moved out and a higher class tenant based moved in.Now we have decided as a group to take some of our $60,000 in reserves off the table and start giving distributions as our operating account rises too after this repositioning is complete her in January-August of 2018. 

I needed a location to run my wholesale distribution company and this spot was perfect.

How does the Tesla distribution benefit growth in this area ?

Once you make the investment your responsibilities are done - you just sit back and wait for distributions (hopefully!)

@Todd ShawIf the $$ Are significant, Roll it into an Ira and Research 72t distributions as substantially equal periodic payments SEPP.  

The 1% is based on the gross annual income derived from the rent; example if the rent is $2500 per month, then you should try and get as close to the one percent by not paying more than $300,000 for the property $2500x12=$300,000

If the money was already in the LLC, then you should have bought the property into the name of the LLC directly, or you would have to do a distribution of the money from the LLC to you first.

Plus, these are typically old houses (100 years) and will have many of the issues that old houses have such as metal pipes that have corroded and prone to clogging, inadequate electrical distribution, poor or no insulation, roofs that are high above the ground and expensive to get repaired, old wooden windows that probably need reglazing or replacement and the list goes on.