It wasn't any final blow, but definitely affected our lifestyle and relationship in some ways.To be honest, the bigger impact was that I traveled out of town a bit in my 9-5 job, and that coupled with the time from my early investments in RE and other interests made it harder to contribute sufficiently to the relationship.

They have sufficient instances of these incidents including lawsuit against them by the City, not just landlords.

He said the plan needs to be self-sufficient and deficit neutral to earn his support.3.

I hope that sufficiently clarifies things...

Bringing the experienced builder to the table would seem sufficient if you were in a position to bring the cash to the table without partners (that may not be the case here).After all, you are just supplanting your JV partners cash for personal cash-- it would seem this would not reduce lender comfort.

While it's a great tool for finding and vetting opportunities, it's not sufficient to make final decisions to write checks.

Many lenders wish to see 2 years of tax returns, if you are a Independent Contractor; Others, if you're income is sufficient and your prospects to continue at a level to support the loan you should not have too much difficulty.

For example, your loan statement will show a withdrawal of 100k, and then a wire to close on a property or a deposit into your rental properties bank account would be sufficient evidence to show what the debt is being used for.

Here are some general rules of thumb for time in this discussion:-Flips yield higher inventory turns-Flips have smaller margins-Flips have more expensive financingIf you can continuously source new flip projects with sufficient margin and have or can find the capital to execute you'll probably get a higher ROE from those projects.  

Indeed, you should make sure that the capital contributions are sufficient in size ($2,000, $5,000, etc.) rather than small contributions at a time (as transactions come up) so that you are following the proper corporate maintenance of "proper capitalization".However, if you did want to execute a Promissory Note to or from the LLC (for other reasons) that can be easily put together and nothing too official needs to be done with that.