Am I on the right track with sub 2?

 $1M is a pretty decent raise for a Series Seed raise or some such, but for real estate it really doesn't move the needle much; especially with the overhead for raising said $1M.I was hoping Sam Guzik or Mark Roderick would have a post on this, but I haven't seen anything.  

Something you may want to consider as another optionMost traditional banks won't lend to your LLC w/o a couple of years of track record & statements.  

Just make sure to use the "class tracking" feature, which allows you to attribute a given transaction to its correct property.

IF after repairs / cleaning / delinquency, there are still any funds remaining, they still belong to the Tenant.Hopefully the funds are being tracked in the bookkeeping system.

I cannot tell you how much time is wasted when we could be learning during our drives. since there are 210 now and hard to keep track, I plotted them on an excel spreadsheet to ensure that I hit every one.

It has the a feature called "class tracking" which allows you to track he income and expenses by each property separately.

The asset has appreciated 20k since purchase and think it will appreciate an additional 15 - 20k by early 2018 with current neighbors who have sold.I have kept track of all expenses with printed receipts for power, internet, gas, etc.

Also, given the lack of a track record, both you and the investor will be much closer aligned as far as risk.

We just need to make sure we keep on track for our savings for this.Thank you!