Having "skin in the game" will give you credibility and make the bad deals like this easier to get through with investors if they know that you too suffered personal loss.5) Be transparent and have a high level of communication with investors. 

Are there any particular guidelines that need to be followed, and are there any pre-written packets, or something of that nature, that I can present to a potential investor, and any "canned" type presentations that can be tweaked for each potential project?

I've been able to get great tenants over the years and might spend all my time worrying that the management company is mis-managing my property with terrible tenants and little skin in the game. 

Most of the work that needs doing is cosmetic in nature.

Naturally I’ll consult an attorney before moving ahead but curious if any of you have had this experience.Appreciate everyone’s replies.

Or no stain depending on the wood's natural coloring. 

Naturally he's trying to persuade me to move forward, but I know there is no reason for me to rush.

"Skin in the game" goes way beyond things that are simple to quantify--you want to look at the totality of what the sponsor has at stake if they screw you over.  

I want to lean towards Series LLC due to the nature of it being easier to setup new "child" LLC entities under the main "parent" LLC, if i am understanding how it works.

In addition, the higher the class of property, the better the tenant and typically less damage.My issue with the BRRRR method is not the tenant turn over, maintenance, or cap ex (I factor all those into my projections) but the low LTV of refinance combined with the conservative nature of refinance appraisals.