A potential LP who doesn’t know me might think this structure is weird and not protective of their interest in the deal.well your dealing with or should be dealing with sophisticated and accredited investors.. this is not weird its the way LLC's work you can have uneven distributions as they relate to ownership.. at least that's what I have done for 30 some years..

I consider Vegas a relatively cheap market when you consider most houses are less than 20 years old, have property taxes around $1600 and insurance under $600.

It will teach you the basic laws relating to the representation of clients during the practice of real estate.

It's super central and relatively easy to rent out.

While doing some of my financial modeling on a real estate property we are finding that a deal in Lubbock is passing our initial checks as it relates to the financial performance we are seeking.

The market is saying that is a relatively risky propertyIf the property sells for $1,250,000 that is a 4% cap rate and the marketplace is saying it believes that to be a pretty safe investment.

The shelf life of most appliances runs 10 to 15 years so I typically start my capex relatively low and then as my appliances age slowly raise it.

I bought my first rental property in 2000 for a relative and before I knew it he had paid for the house.

Podcasters...for anyone breaking even or actually making money off your (real estate related) podcast, I'm wondering if you can point me to ideas on how best to grow number of listeners, if and when to add advertising, and generally how many downloads/listeners you achieved before breaking even? 

Some of the cost that you might be able to write off would be your operational cost for your partnership (LLC) that is not related to renovating the houses.