Originally posted by Account Closed thank you so much for sharing.  

Account Closed  The Twin Cities is a tough place right now to find a good properties with cash flow, especially with appreciation.

I live in NY, and my LLC partner lives in CA.When we open a new business bank account, they require us to both sign forms, even though we are both owners of the LLC.

Originally posted by Account Closed:It's a very pretty unit.I've been trying to purchase a multi-family in Boyle Heights (or maybe Lincoln Heights） for a couple of months now.

As a reminder... don’t forget to account for your Holding and Closing costs in your complete analysis.  

Account Closed The closing date is the general ruleThe property "in service" date is what others also use for tax purposes and deductions.

I'm verifying that my "accounting" is sound.

@Matthew Paul Hey, so the property is a foreclosure and has been winterized, but your saying I should still account for those costs when rehabbing?

Just a preface, I am a former Accounting & Finance recruiter in NYC and have experience with real estate companies. 

., @Marcia Maynard, and Account Closed,I agree with you all, but I have been hear from my other friends/landlords that their realtor make the tenant pay fix amount so that the home warranty can cover the rest.