The value of  a rental property is a function of the cash on cash return, assuming market rents. 

For the lazy (the site's not terribly well organized), here's a sample report:Sample Report@Mike Waltman - Just mentioning you to make sure you saw what Steve had shared.

The Organization for Economic Cooperation and Development, a Paris-based think tank for industrialized countries, supports the idea.

VIMA Decor started as a function of The Medve Group as a way to add value to acquisitions of significantly undervalued properties.

Two condos both free and clear, one has a tenant already in it with a guaranteed rental payment made by a well known charitable organization.

The operating agreement (which must be a custom agreement - no getting around that) for the master LLC states that the management entity of the master will also be the management entity of each series, unless otherwise noted in the individual series agreement (which must also be customized at least once).The members of each series consist of one or more of the following:The investor(s) funding this particular series, andThe person(s) providing rehab/remodel labor to this series, andThe person(s) providing administrative functions (management - already covered)In addition, there are so many other provisions to be worked out that it isn't even funny, nor can someone attempt this on their own.  

Really like the area.There are meetups organized on BP and also on meetup.com --- I keep having to miss them because of other conflicts (I've only been to one) but there are definitely opportunities to get out there and network.Good luck!

The process will likely involve an initial review with the local community organization followed by a meeting with the community in general, and lastly approval from the ZBA.

Buy & holdsMy question is - should I have each one of these functions as a separate business under different entities?

This happen to be an organic lead (a friend of a friend told the seller I buy houses).