So, if your property is located in NY, you're out of luck with a series LLC, as they cannot be organized in NY state.

I have been to several of these types of events and things change rapidly outside of the organized activities.

This is the benefit.Like I said above this is a team/family mentality and some of my most established long lasting friendships were created within the organization.

It's still outside of my comfort zone, but I've grown a lot since I first began.

Actually lead paint can be very dangerous and cause serious health side effects.People just do not connect the dots that their sickness came from the lead paint.If you go through and read the EPA's site in depth on the data it is conclusive on the studies performed.Paint in general can have VOC's (volatile organic compounds) that can cause problems as well.You can buy and use no to little VOC paint and put that as a bullett point on your rehabs.Yes it costs some more but can be worth it.

Hopefully we'll be able to organize capital quickly enough to take advantage of all of the growth.

Hey Brian -First, a lot of my ideas around bonuses and penalties comes from my wife, who ran internal marketing for one of the big-name technology companies for a long time; a large part of her organization's job was doing employee motivation and retention stuff, which is pretty tough job in that industry.

Payroll,taxes,benefits,and paying salary during slow periods is all wasted resources.I definitely agree with this sentiment, but keep in mind that if you're looking to hire a project manager / right-hand-man type person, it's unlikely the IRS would allow you to pay him like a contractor, as he would almost certainly be treated as an employee.But, as John and Rob said, employees are something you should hire only when necessary and not without serious consideration -- lots of overhead, management effort and costs are involved.As an example, I used to manage a 150 person organization for a Fortune 50 company, and the time and overhead spent on management wasn't that much more than what I spend now on a single employee in a small, family-owned business.

Gentlemen,I am a coordinator for a nonprofit organization based out in san Diego.

Thanks for organizing!