As an investor, I value an agent coming to me with deals based on their in depth knowledge of the real estate landscape, networking, connections, and additional information they might be privy to. 

Start-up expenses like the ones you mentioned can’t be fully deducted in the year they’re incurred.

Lot next door- possibly building additional home someday.

I understand credit enhancements and additional guarantors are sometimes required but to be unable to cover escrow funds and to give away deal ownership for that service is kind of crazy but back to the main point, the real issue is when the Co-GP is not truthful about their true role or embellishes their portfolio/ unit count. 

New roof, interior & exterior paint, finished additional living space What was the outcome?

Feel free to message me if you have additional questions.  

I prefer an assignment @William Causey as it keeps me off the chain of title and any issue(s) that go with being in the chain, as well as any additional expenses related to a doublel close.

Another avenue would be to call your utility companies and ask about installing additional meters.

We didn't need to rehab except for a couple units when they became empty and we used cash flow (so no additional capital needed).The rents are now $10,700/mo and we are cash flowing well. 

We plan to register an additional LLC (of the investor) that will hold 50% of the property.