@Tony Castronovo most people who utilize social media in business go to great lengths to increase the number of colleagues/friends/followers.

Purchase Details % Purchase Price One Time Monthly Annual Full Market Value $400,000 Assessed Value: $325,000 Purchase Price Percent of Market Value: 92.31% Purchase Price: $300,000 Equity at Purchase: $100,000.00 Down Payment: 20% $60,000.00 Mortgage Amount: 80% $240,000.00 Mortgage Length: 300 25 Mortgage APR: 7.0% Mortgage Payment (Principal Payment) $1,696.27 $20,355.24 Closing Costs: 2.0% $6,000.00 Renovation Costs: 3% $10,000 Out of Pocket Costs: 25% $76,000 Total Renovated Cost: 103% $310,000 Rental Information % # Units Monthly Annual 2% Rent of Purchase Price: 2% $6,000 $72,000 2% Rent of Renovation Cost: 2% $6,200 $74,400 # Units: 11 Unit 1 Rent: 0.17% $525 $6,300 Unit 2 Rent: 0.16% $500 $6,000 Unit 3 Rent: 0.17% $525 $6,300 Unit 4 Rent: 0.16% $500 $6,000 Unit 5 Rent: 0.15% $450 $5,400 Unit 6 Rent: 0.20% $625 $7,500 Owner pays gas, water & electric Unit 7 Rent: 0.31% $950 $11,400 Owner pays gas & electric Unit 8 Rent: 0.31% $950 $11,400 Owner pays gas, water & electric Unit 9 Rent: 0.31% $950 $11,400 Owner pays gas & water Unit 10 Rent: 0.21% $650 $7,800 Owner pays gas & water Unit 11 Rent: 0.21% $650 $7,800 Owner pays gas & water Gross Scheduled Income (GSI): 2.35% $7,275 $87,300 Vacancy % 5.00% 5.00% Vacancy (V) 0.12% $363.75 $4,365.00 Gross Operating Income (GOI) 2.23% $6,911.25 $82,935.00 Average Rent/Unit: 0.59% 661.36 $2,236 Calculated Financials % Monthly Annual Estimated Operating Expenses (OE): ($3,255.22) ($39,062.69) Estimated Net Operating Income (NOI): $3,656.03 $43,872.31 Annual Debt Service (ADS): $1,696.27 $20,355.24 Capital Expenditures $1,747.54 $20,970.50 Estimated Cashflow: $212.21 $2,546.57 Estimated Cashflow per Unit W / Cap Ex $19.29 $231.51 Estimated Cashflow per Unit W / O Cap Ex $1,959.76 $23,517.07 ROI Based on Downpayment 0.35% 4.24% ROI Based on Out of Pocket Costs 0.28% 3.35% Additional Analysis % One Time Monthly Yearly Purchase Price Per Unit $27,272.73 Renovated Price Per Unit $28,181.82 Gross Rent Multiplier (GRM) 3.44 Capitalization Rate 14.62% Debt Coverage Ratio 2.16% Purchase Property?

Part of it is determined by your local landlord/tenant laws and length of lease, month-to-month (preferred with roommates so you have more control if it's not working out) or year-long lease.  

This Agreement shall apply to, inure to the benefit of and be binding upon and enforceable against the parties hereto and their respective heirs, successors, and/or assigns, to the extent as if specified at length throughout this Agreement.

I have seen it set up that both partners put money in, maybe not equal in amount, and they are both paid interest on that amount of money the length of the project, all expenses are deducted out, and then net profit is split 50/50. 

Implicit in that definition is an arms length transaction where both the buyer and seller are not motivated by anything but their own self interest. 

The police said the arrest record is not public information until the case is closed (and that length of time depends on the plea and/or a trial). 

The way I see it, as others have said, is that you get a warranty deed when you by at arms-length transaction from seller to know everything is legit and you have clear title, and when you quitclaim it to your LLC, even though it’s not via a warranty deed, you know what you’re transferring yourself.

Its a little more in depth that length of time being rented.

Are the two contracts the same length?