Other terms, like 80% occupancy and reporting detailed financials and taxes every year to prove you are worthy?  

That is the question.If Toni's LLC is a single member llc that has not elected to be taxed as a partnership then the activity of the property is probably reported on her individual return.  

When you get to that point feel free to DM me and we can talk directly.The type of financial structure you describe in the second part of your post is called BRRRR.

I am not a financial whiz or a commercial giant by any means, only that I know if we sell this property, the buyer is going condo route, so why couldn't I go that route.I am guessing my biggest mountain at the moment is how could I even possibly get financing for a 30-40 unit complex since in theory we are talking in the multi millions.  

I had a whole loan package done and on a secure linked google drive, and my building financials on the BP reports all in there.  

Do you have any financials on this property?  

learn about 1031 tax deferred exchangescomplete you financial package - 3 years tax returns P&L - real estate portfolio, credit scoreexpect to be rejected by lenders and other W-2 employees - qualify lenders, bankers, mortgage brokers - ask what products they have - see if you qualify for themlook at 20 buildings before offering on any - know the SF dollar cost - keep a journalmail lots of letters (be professional NO yellow childish communications) to owners of apartment buildingsUnderstand what a CAP rate is and how to get to it - fill out your  commercial APODVerify -verify - verify all financial data given you by sellers - sellers are liars (so are buyers) trust NO One!

Just because you two have decided to skirt your financial responsibilities, doesn't mean that I will follow suit.

I'd like to introduce myself and meet other like minded individuals looking for a reliable, trustworthy, and ambitious business partner.On the side of that, I love cycling, fitness and technology (as I work in IT).

Also, if you have advice for someone like me who is looking to increase their deal flow and eventually gain financial independence/early retirement, send it my way.