I encourage you to think of your rentals as a business owner and treat them as such.

The potential of family members investing points at LLC treated like partnership with K-1 forms.

I understand contractors will give better pricing to repeat customers, but I would still treat all contractors as if you are hiring them, since you are.  

I look at these situations as a chance to treat others the way I would want to be treated, while still being fair. 

Check out their car.You can tell a lot about how someone will treat your property by seeing how they treat their car.

Why not just treat your investors as a private money lender with a fixed rate of return?

@Michael Hebron JrIf you have a single member LLC with no special tax election you can pay whatever you want with it as it is disregarded for IRS and it all come down on your personal tax return.Now from an asset protection point of view, by using your llc to pay for things that have nothing to do with your LLC you are de facto creating an alter ego and lost any protection by piercing its company veil.You need to treat your company as a business.

Even regulators in the bank sector treat multifamily differently than other CRE assets, and that is because it has an inherent risk aversion to a market cycle.”While class-A apartments will certainly see some dip during a recession, workforce housing should remain stable if not better performing as demand for attainably priced units increases.

I won't invest in countries that treat foreign buyers as second class to their own citizens and/or where foreigners can't buy property freehold.

How would one treat the finances in regard to the apartment you're living in?