Compare the cost of liability insurance to cover your net worth to the amount you spend on setting up and maintaining your LLC(s).

Roof, AC units, plumbing, flooring, paint, exterior etc, these things take money to maintain/replace.

It's abandoned (although the owners park a truck their to keep people away and actually semi-maintain the property).The rumor is there is a foot of bat guano inside.

If it is a turnaround project your IRR is likely to be higher by selling before year 5 and thus your reversion cash flow would be sooner if you optimized yields a the project level.

If he's a partner, you're stuck with him and you now have a business that's running sub-optimally -- and you have NO recourse to make it run better.I see no more reason to make your contractor a partner than I see making your real estate agent, your closing attorney, your mortgage broker or the guy who picks up your trash a partner -- you can hire out these tasks just as (more?)

Landlord reserves the right to require Tenant to maintain liability insurance for the pet(s) identified in this PetAddendum.7.

I maintain properties for a living so I can handle most of the work .

. - might consider upgrading fixtures if it will make the place brighter and a little more appealing.Curb Appeal - best bank for your buck- sweet equity.Appraisers are people too, not robots, so a home that feels comfortable, well maintained and clean will affect the value.

Account Closed I defiantly recommend getting into it, the smaller the university the closer you need to be to campus, walking/biking distance is optimal.  

While I could be wrong, I don't believe typical stuff from Anderson, pella and marvin are suitable for this design.As an investory thinking about the project in the context of a flip, maintaining a lower cost basis is a priority of mine, while delivering on thermo-efficiency and design.