We just installed a 5 or 6mm stone core we got for $3 ft from a distributer of Regal hardwoods company and the lock system is exceptional and the floor is gorgeous.  

All the while the property has distributed at 6 to 10% per year, about $100K. 

In addition, we could quit expecting the American taxpayers to underwrite the manufacturing and distribution of drugs to third world countries.Allow more medical schools, and nursing programs to operate, which in turn puts more doctors and nurses in the market and gives more access to medical care and more competitive prices.

Once you hit the promote, the GP splits the distributable cash with the LP's, usually 50/50, but you can negotiate any split that you want.The LP's are meant to be passive investors and will require a preferred rate of return (pref).

Distributions should be coming out sometime in October.

@Alan Davidson You should also look into this thread - https://www.biggerpockets.com/forums/51/topics/592....You should look into Series-LLC and see if that's an option for you - then you don't need to worry about this question, as you can place a property in its own children Series-LLC that you can form when needed.As for distribution, you can have one or more per LLC, and that depends on multiple factors:- property class - you might not want to mix A class property with a D class property in the same LLC, due to different tenant level- cash flow - you might want to keep your cash flow cow separate from the ones that barely produce- equity - you might want to keep the one with large equity in its own LLC while you can group the ones with little equity in another LLC (let's say you have one with 50K equity in its own LLC and 3 other each with only 10K in another LLC, till their equity grows to your risk threshold when you move them out in their own LLC).- number of units (in the case of MF)- location of real estateThe investor has to decide what mix is optimal for their situation.

Your board of directors can approve distributions you apply for.

Real estate syndications and funds often distribute regular income generated by the underlying properties as well as equity upside in ownership.

I recommend writing out your applicant criteria and distributing it to prospectives.

It derived from this equation:Cash flow = (rent / 2) - PMT(rate, term, purchase price)The first part, "rent/2" is applying the 50% rule to get to "net operating income" (NOI) from the rent.