Although I'm a lawyer, I'm not your lawyer, so you should seek separate legal advice if you feel you need it.The bottom line is that they are already in business together and should probably stay that way.If they were to split things up, they would have to transfer the property out of the LLC into their own names and that would cause problems and cost a lot of money.Even if they successfully split it up, neither one of them could refinance and it would be difficult to sell the property without the other one agreeing.They should either keep it in the LLC and live with it, or sell it and split the money and go their separate ways.What they are proposing would make things more complicated, not less.

Then another guy is seeking a 8 cap in amid west and not have much IRR--perhaps 12% IRR. 

They are super-professional and have always delivered. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Two years later, I had to buy a whole new floor because I installed it wrong.The lesson: Do yourself a favor and budget for hiring professionals to do your renovation work

Repairs done by a professional will be billed at the professional rate.Repairs done by Landlord will be billed by the job or as labor plus materials.

Hi Everyone, We are looking for a reliable, professional property management company for multifamily in South Tacoma, preferably being operated by real estate investors.Your recommendations/thoughts are very appreciated! 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

So, you should seek out a job you enjoy but also pays well.

I'd be glad to connect you with a lender or any other real estate professional in the Atlanta area needed to make this process a smooth as possible.