But I will say that the distributions are not fantastic.

They are responsible for finding the deals, doing the due diligence, setting up the financing, raising the capital, creating and executing the business plan, dealing with the operational challenges that can come up 24 hours a day, managing the cash flow, and ultimately distributing the profits to all of the partners throughout the hold period.Good General Partners have been involved in the business for years, and they have perfected their business procedures to make sure the business plan is executed as effectively as possible.

We look at things a bit different 1) Just like the mortgage payment has to be paid timely monthly so does the investors' distribution be paid timely monthly. 2) If someone has to take a haircut for some reason we as the Manager/Syndicator take the haircut. 3) This is a long term relationship the investors need to be taken care off first and via our performance, you will come back again. 4) We believe a market correction/change is coming and that is why we have focused on an asset class that performs well during a market correction or even better.

Cash flow distributions are made either monthly or quarterly in most cases. 

A distribution will be made soon.July 16, 2019 - The loan has been brought current.August 02, 2019 - The originating lender is contacting the borrower regarding the late payment.September 03, 2019 - The originating lender has reached out to the borrower regarding their late payment.

Thus, the net income that C-Corp already paid taxes at the entity level is taxed again at the owners level when distributed to owners as dividends.

The number one question I asked was when they pay the Owner Distribution out and if they required reserves.

Explain your formulasNot my formulas, I'm not nearly clever enough to derive them myself, but I'd be happy to point you to my sources Joe. 

@Cody Morrell paying yourself a distribution is not co-mingling as long as it is separate accounts and you are keeping track.

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