I rarely hear an issue of commission brought up by these high net worth individuals.

This is for the construction, improvement or purchase of rental housing for low-income families, the elderly and disabled individuals.

If this is capped, should we continue to buy in our individual name, so we can buy more?

Put them both on the lease and have each individually responsible in full for the rent.

. :) I asked the tenants for specific concerns and have two licensed electricians on their way now where I will meet with each one individually to assess.

Good opportunity to meet people a bunch of like minded individuals and hopefully learn some more about investing.

Phillip had a great point, I'd also want to break down the individual expenses to get a more confident estimate (if you haven't seen it, Brandon did a great YouTube video on estimating expenses & cash flow with BP's Rental Property Calculator, called "How I Quickly Analyze a Rental Property for Cash Flow").

It all really depends on individual idiosyncrasies of the property, sellers, and the surrounding market.

If you like, you can send me all your expenses broken out individually and I'll be happy to look at them for you and comment.  

With that said, you must know the value of the properties individually and determine the collective value.