Hi All,I have recently created a new LLC in TN for the purpose of Real Estate Investing and the LLC has 3 members (33.3% each) including myself and 2 foreign investors from the UK.

What I Would Do Differently:-Include a Buyers Finance Contingency.

Some of the best wholesalers I know market in literally every way possible (including signage).

friends, do justice to owners in GETTING the listings but in general take the ******** of cell phone pics which may or may not include anything on the inside.

I would like to add that commercial real estate (syndication or otherwise) is a team sport.

Overall if anybody willing to get into Real Estate in anyway including investing, i tell them to get Educated first before doing anything, you can go to any seminar out in this world but Educate yourself first before paying for things that you may not learn on the fly or isnt helping you with what your looking to do.

[Did purchase price include closing?] 

However, if any of the employees are greater than 2% shareholders, the health insurance premiums are included on their W-2 as compensation. 

Such documentation may include:  Closing statement when the property was purchased showing the purchase price;  Documentation showing the depreciation allowed or allowable, if any;  Documentation for any capital improvements and other increases in basis; and  Documentation showing decreases to basis, including any deferred gain from any prior sale(s).

@Thomas S.I was under the assumption that the grace period didn't include any late fee's.