As far as I'm concerned one should look at this aspect of using an LLC more from a psychological point of view.

This "Reverse" way of thinking is a psychological trick that gets you through all the calls feeling successful.

@John Higgins With all due respect, you don't have a development deal, you have a speculation opportunity which to me is more about investor psychology.

I have had a roofing company for more than ten years (Hint  Hint lol), my graduate studies were in psychology ( I know sounds weird).

I would consider human psychology in this decision.  

On Saturday my manager told me that one of my tenants is leaving, and it is my least favorite property in a neighborhood I wouldn't buy now, so I told him to list it.Once I got over the psychological barrier of selling a house, I'm wishing I could sell two others, but we just got tenants in those two in August and early September.

Psychology, NLP, etc.

Psychologically, the seller gave you a bit of a feeling of ownership(after which you now have some fear of loss,) and when people own things, they tend to place a higher value on those things prior to taking ownership.Why not try this- estimate the annual cash yield on your initial investment(under the theory that the units were all like the initial 3 units,) then adjust your offer downwards such that your percent yield on capital and time invested is unchanged?

For context, this involves a deal with two family members - they've put up 2/3rds of the downpayment, but are otherwise uninterested in being involved.I'm putting up 1/3rd of the downpayment, am the financing sponsor (75%, under my name - I'm the only one able to qualify on the financial requirements), and will handle all management of the property.For family reasons, we're psychologically tied to an even (33%/33%/33%) split on ownership. 

Man... If only I knew what I knew now when I was active duty, my life would be a lot different right now. But at the end of the day, you don't know what you don't know! Here's the fact: Active Duty Service Members hav...