I don’t believe the digital wall mounted controller is operated by batteries.

These are structured differently with us either getting points upfront and a continuing service fee and/or part of the note discount on note purchase.On real property syndication we make money by charging 4-6 points brokerage fee (I hold licenses in 4 states), asset manager fee, and 20% of capital gains after investor preferred return of 8% annually.  

It's likely that before you know it, days will have turned into weeks, and weeks will have turned into months, and months will have turned into years and the tenants will have paid off your mortgage in exchange for a nice place to live and you, not NBKC, will own the asset.  :-)

Both my and my wife's IRAs could take corresponding distributions from the LLC to keep the above ratios, but none of us want to reduce our capital or have to sell assets to fund Marilyn's RMD withdrawals. 

I am now the asset manager (manage the management company) and for all of this I get a percentage of the equity from the deal after a preferred return is given to my investor.

I have learned a lot from you. our title plants are digital.. so we can get date downs on the phone as a premier client. 

Start a new asset account called "prepaid rent". 

A little about me/Current location: Lahaina, Maui Previous home: San DiegoProfession: Digital Marketer (working remote with my dog Richard)Why I'm here: challenge myself to create new revenue stream alongside my 9-5  & invest in my first multifamily or condo rental by the end of 2019Sincerely looking forward to skipping through the forums to learn from first-timers, best practices, ouch moments and meet like-minded people (like you)!

I hear that seller financing is a popular strategy to acquiring an asset without the conventional lending.

Unlike SFR, commercial assets are valued based off of your net operating income (NOI) and Cap Rate.How to Value CRE:  NOI / CapRate.