Hello Bp, I am a new real estate investor based in Prairieville, Louisiana.

Hello, I am a new real estate investor based in Baton Rouge, Louisiana.

Either way, drawing the fund from the personal checking account should not be an issue.

@William C. no I am not an attorney, which is why I said I was not 100% sure since these can differ for every landlord based on how their LLC is set up or their state or local laws, so I cannot give legal advice, but from my experience and from what my attorney has told me about my LLCs is that if renters pay by check, the checks need to be made out to the LLC business name, not to me personally.

Make the monthly payments based on a 30year mortgage but with a balloon in 1 year, 18 months or whatever you can decide on with your Aunt.

Your rent is in-line with the market based on the comps I reviewed, but most of those comps were rented in August.

Plus, one of the biggest draws is the potential energy savings, which you typically don't even benefit from as a landlord if the tenant's paying the power bill. 

Based on what you say you'll pay taxes on the closing costs you paid yourself as part of the 1031 exchange.

TBH it's probably best to get with them now while they're still relatively unknown and low base costs I can't imagine that will remain the same for long if they are able to achieve more success an a stronger social following.

Then based on the buyer’s financial profile, nailing down an interest rate that works for them.