If its not clear then you should expect challenges continuing to absorb the unit during the course of ownership.4.

Hi all,I have a deal in Oregon and need a recommendation for an attorney or title company you can recommend that has experience doing subject to deals.ThanksCora

@Francis Faucher and @Matthew Gentile Thank you both.As I continue to research the syndicate or JV models where I do not have to be involved the day to day operations and decisions seem most aligned.Matthew, appreciate the potential referral for accountants.

is it this company?

There are attorney owned title companies that can help you draft up the promissory notes.

@Ashish Acharya @Michael PlaksAshish correctly points out that LPs are subject to more specific rules, however the courts have found that a limited liability company (LLC) interest is not treated as a limited partnership interest.

Was this handled at a title company or escrow company and your deed properly recorded. 

- Networking Opportunities: Any upcoming virtual events focused on these areas that I could attend to connect with like-minded individuals as well as agents and property management companies?

If you are using an accounting software, it is impossible for the assets to not agree with the equity / liabilities.Did you factor in everything from the closing statement(such as pro-rated rent, closing costs, lender fees, etc)Did you use a PM company, if you did, did you factor in incorporating the PM Statements.Again, if you are using an accounting software, and factoring in all the transactions from your bank account / credit card, it should not be off.

Well his boss was impressed with my real estate and finance skills so I ended up working for their company well it turned out their company was wholesaling houses they didn’t really flip many homes.