When the accounting is done within the PM company's accounts the individuals handling funds related to your property probably have more checks and balances from their peers (assuming we're talking about an actual structured PM company and not a one-person operation).With regards to the PM company holding your funds and not sending the owner draw until mid-late month I agree that's not ideal.

Look into hiring an attorney to potentially forming an LLC and provide an operating agreement, which handles member contributions, draw schedules, unreimbursed partnership expenses, liabilities, and a whole host of other issues.

Keep in mind the HELOC works kind of like a credit card - you have access to the money, but don't have to use it all, and you don't pay anything until you start drawing those funds.

The school district draws a lot of people because the schools in the neighboring larger towns aren't very good.

After posting our first business plan here we were instantly told to return to the drawing board.

See if you and him can get on the same page, draw up the agreement and then you can fix & flip a few properties with him.Either way, blessings on your real estate investing endeavors.

You will want to get an attorney to handle drawing up contracts etc. once you get to that stage.

And none of the investors are particularly bothered by this.If during the audit of a website I find that it is slow, then I draw the attention of investors to this fact.

Principals in at least one other MF project (MLS CAR3805415 (limited time link*: google)) are selling their pre-build development, having completed architectural and site design drawings for 100+ multifamily units.

(beginning to end it takes 12 weeks) 2) Provide existing and new gas/electric loads to SDGE planner along with plans. 3) They will walk property in 8-10 weeks from submission date. 4) At 10-12 weeks they will provide a drawing with your new meter location and instructions for how to get it hooked up.