But you often have a lease fee (which can be up to a whole month of rent, going in various percentages to your PM and to the tenant agent) and a renewal fee (which can be smaller or the same as the original lease fee).

(i.e. 5 years, 10 years, 30 years, etc)Is there a maximum percentage of the total value that can be loaned?

How many units are in the building and does 10% rental percentage work out to an even number?

It's a mathematical problem, with dollar $ign$ in front of the numbers (not percentages).

A contribution of property to a multi-member LLC could effect the ownership percentage of the LLC in ways you do not intent to. 

You will definitely experience higher vacancy rates as the percentage of home ownership is much higher.

This way I can budget my percentage of each of those each month and see exactly where I am at dollar wise in each category. 

@Charlie MoorePros:  You get to write it off your rental income and put more money in your pocket at the end of the year.Cons:  You have to give a percentage of it back when you sell the property (unless you 1031 it).

What percentage of tenants do you have to evict?

And once we close on this we will be putting away a certain percentage of all cash flow to a "rainy day fund".