Tenants actually save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.

Those are other optionsEven some conservative low LTV debt note is recently lowering the distribution to 8.5-8.9% range.

I had a partner in the multis that ended up embezzling $50K from the properties over 2 years that should have been distributed to us as cash flow.

I did not receive any commission... instead.. my income was derived from the difference of the price I purchased it at, vs. what I sold it at.Your question is illogical, because it assumes several things that are not true.  1.

5. outline how distributions should be addressed.

We don't plan on taking distributions and will re-invest the money earned in additional properties. 

The rules for distributions from an S-Corp can cause problems down the road when holding appreciating property.

You then also have distributions to those investors, at some periodic interval.  

The finding and screening of sponsors and analyzing deals is active but once you send the wire, your job becomes collecting distributions and reading reports!

If the flip losses money, I still have distributions and rents coming on from rentals and syndications.